Wednesday, December 30, 2009

High Rate Savings How Will The Fed's Rate Cut Affect High Yield Savings Accounts?

How will the Fed's rate cut affect high yield savings accounts? - high rate savings

Today, Ben Bernanke said the Fed will lower interest rates. What impact, if any, will be having an impact on high-yield online savings accounts (like ING, for example)? The proportion of accounts and low interest rates, climbing, or will they remain the same? If showing no effect at all?

1 comments:

Andy said...

You can usually find the banks have lowered their prices, while the U.S. Federal Reserve to believe, but today the financial markets that hunger, as always, there is the CD in the country, companies are forced to pay higher prices too high, so that more resources.

ps the FOMC was not until 30 January so that if the court is going to happen.

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