Tip'd

A community for financial news, ideas, and tips

Welcome to Tip’d, a social media site for finance, investing, and business topics. Want to participate? » Join Tip’d now! or read our FAQ.

How to deal with falling interest rates?

Posted by sagitarius84 1304 days ago (http://www.bloggingbanks.com)
Category: Personal Finance | Tags: cd certificates of deposit fomc saving
The Federal Reserve cut its target interest rate by half a percentage point yesterday to just 1% in an effort to increase lending in the economy. This is good news for the economy ( although the stock market was mixed on the news) and bad news for savers.
addto Save & Share   Topple Spam? Topple this!

Comments Who Tip'd