US Edition$10,000 CD vs. $10,000 High-Yield Savings Account: Which Earns More Now that the Fed's Cutting Rates?
5 Articles
5 Articles
On September 17, the Federal Reserve implemented a cut of 25 basis points, bringing the reference rate to the range between 4% and 4.25%. The decision was fully discounted by the market, which now focuses its attention on the remaining two meetings of the year with the expectation of at least two additional adjustments.The debate focuses on the pace of future monetary easing, where the market accounts for more cuts than the Fed, with the labor m…
You Decide: What Does The Fed’s Rate Cut Mean?
By Mike Walden Recently, the Federal Reserve (the “Fed’) cut its key interest rate — the group’s first rate cut in nine months. Although the reduction was modest — one quarter of one percent — it is noteworthy because it signals that the Fed is concerned about the growth of the economy. Before I address […]
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