Why Are Bank CD Rates Still Low?
- 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.
The information contained in this presentation does not purport to be a complete description and is intended for informational purposes only. Any opinions are those of the content creator and not necessarily those of the named advisor(s), JWC or JWCA. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation.