Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

January's CPI Numbers and Future Interest Rates

Saturday, February 20, 2010 - 11:59 AM
This AP article reports on yesterday's CPI news and suggests it's bad news for us savers:
The benign inflation news gives the Federal Reserve more time to keep interest rates at record-low levels to shore up the economy and should ease worries in financial markets that a Fed rate hike is more imminent.
1
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,076
Reply