Rates on C.D.s are the highest they’ve been in years. But the Fed is signaling that it may cut its borrowing costs next year, and C.D. rates could follow.
Tag: Interest Rates
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Price Increases Cooled in November as Inflation Falls Toward Fed Target
A key inflation measure has been slowing and overall prices actually declined slightly from October, good news for officials and consumers.
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Americans May Be Taking On Too Much Pay-Later ‘Phantom Debt’
Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
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Wall Street’s Bond ‘Vigilantes’ Are Back
The financial world has been debating if market appetite for U.S. debt is near a limit. Not everyone agrees this is something to panic about, but the ramifications for funding government priorities are immense.