by Sarah Tenhundfeld | Jul 20, 2022 | Interest Rates, Investing & Markets
The Federal Reserve, or ‘the Fed’, sets the Federal Funds Rate through monetary policy. This is the rate that banks charge when they lend each other cash overnight. The Fed Funds Rate might seem like just another thing that only exists in the world of centralized...
by Sarah Tenhundfeld | Feb 3, 2021 | Interest Rates, Investing & Markets, Uncategorized
With interest rates at zero, it’s a great time to be a borrower but a lousy time to be a saver. While fixed-rate mortgages have hit record lows, so have rates on interest-bearing products like high-yield savings accounts, CDs, and money market accounts. But should you...
by Jeannette Jones | Jan 20, 2021 | Financial Planning, Interest Rates
Interest rates have always been a topic of concern and questions from clients, particularly over the past 10 years. As we came out of the global financial crisis in 2009, some worried that actions taken by the US and overseas governments, intended to encourage bank...
