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Why Are Bank CD Rates Still So Low?

SYNOPSIS

• 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.

(424) – Why Are Bank CD Rates Still Low

 

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