Thought for the Week – 3/20/2017

Thought for the Week – 3/20/2017

Why Are Bank CD Rates Still Low?

Synopsis:

  • The Federal Reserve Bank (Fed) raised their interest rate target this week for the third time since December 2015.
  • Investors have asked why some rates rise in lockstep with the Fed while others have remained relatively unchanged.
  • The reality is that returns on cash investments will likely remain at these levels for many years to come.

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