Fed keeps interest rates at 23-year high
Fed keeps interest rates at 23-year high
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Bad news for those seeking to purchase/sell homes
Good news for rolling over cds
If you're not getting 4% on your savings account, you should be switching banks.
That's $40/year for every thousand you keep in the account, $200/year for $5000.
These sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don't have savings of more than $500.
It's important to note here that just because a person may not have savings accounts over $500 doesn't mean the person doesn't have a 401k
Yeah I don't think I get any interest on the $1000 that goes into my account one day and is gone the next for bills.
But they could if more of them put their money into CDs
They mostly don't have any money left over to put into a CD...
What genres?