Are Cd Rates On The Rise,Billige Online Herre Nike Free Run 3 sort grå Hvid Sko
The Federal Open Market Committee is meeting soon to decide on what to do with interest rates. Their decision will in turn affect the rates that banks give out on their CDs.
The Fed is expected to not touch the rate; however,Nike Lunar Max Hvid Blå Sko, the more important news will be in what they have to say about their outlook on the economy.
The second GDP numbers came in and showed only a 1% decline compared to the 6.4% decline we saw in the first quarter of 2009 this is a big improvement. The third and fourth quarters are expected to show a net gain which would mark the end of the recession.
If the economy recovers then jobs will follow suit. After these two things happen we can expect to see the Fed raise interest rates again to avoid inflation. So we can expect to see a rise in CD rates in late 2009 or early 2010.
If you're thinking about opening a certificate of deposit you should only open short term CDs for now. Rates are at a low point so you don't want to lock in a low rate for the long term. Wait until rates rebound before locking in your money for the long term. 相关的主题文章：
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