Bank CD rates have been slowing rising over the last six months or so, I think, even in this economic ? - cd rates georgia
Now we are in crisis, it is going to continue, or falling bank CD rates, because all the money the federal government injected into ailing banks?
Thursday, January 14, 2010
Cd Rates Georgia Bank CD Rates Have Been Slowing Rising Over The Last Six Months Or So, I Think, Even In This Economic ?
3 comments:
The reason you see CDs and money markets has until May to use the banks more money. This encourages them to invest with them and gives them more operating cash. If the distribution of federal funds to save your CDs and money markets decline. One of the banks in the capital now has a money market account from 3.55%. 5.8% on CDs
You can in both directions.
Reason:
1. 6 months, growth is slow supply due to lack of money.
2. The fact that the federal government pumps in money does not mean that people will be the bait (even if, unfortunately, most of them do). Wall Street has learned to be collected and not to waste money, banks and the people learn?
3. So yes, in theory, interest rates fall, but you can not be stopped by controlling spending and the election to the bank CDs and savings accounts to something reasonable offer.
You can in both directions.
Reason:
1. 6 months, growth is slow supply due to lack of money.
2. The fact that the federal government pumps in money does not mean that people will be the bait (even if, unfortunately, most of them do). Wall Street has learned to be collected and not to waste money, banks and the people learn?
3. So yes, in theory, interest rates fall, but you can not be stopped by controlling spending and the election to the bank CDs and savings accounts to something reasonable offer.
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