Thread: What (generally speaking) affects savings interest rates?
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Old 09-02-2007, 01:35 AM
Uglyowl Uglyowl is offline
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Default Re: What (generally speaking) affects savings interest rates?
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So having said that, where are SAVINGS RATES going in the next 2-18 months?

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High yield Money market rates move about 90% what the Fed Funds rate does, so I would expect rates to decline .50% to .75% over the next 6 months (based on market expectations).

Ray- On the other hands, anyone in a 1% account is not paying attention (or doesn't care) so banks don't bother to change the rate.
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