"​Interest Rates Defy Fed'​s Recent Cuts" Writes The Wall Street Journal. The article says rates haven'​t fallen along with the Fed'​s 75 basis points in rate cuts so far. "That'​s fine with savers. Average yields on money-​market mutual funds, for example, whose yields typically move in line with changes in the Fed funds rate, are hovering at 4.​76%, compared with 5.​06% in mid-​September -- roughly half the amount they'​d be expected to drop, says Peter Crane of Crane Data LLC".

Your Name:
Your Email:
Recipient Email(s):

Use a comma or a semicolon to separate

Please retype symbols from the image:

Optional Message

Daily Link Archive