How The Fed Affects Your Life And Money

From Bankrate via Yahoo Finance, a clear discussion of how the Fed affects your life and money.  The article discusses mortgage rates, auto loan rates, etc.  Savers are already painfully aware of how the Fed impacts interest rates.   But, the discussion on CD rates says:
 

Committee raises or lowers the federal funds rate, CD rates follow.  There has been at least one recent occurrence of the opposite, when CD rates increased before the federal funds rate [...] and it could happen again this year.

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