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Tuesday, May 11, 2010 - 11:50 AM
Savings and CD Rate Trends and Graphs
Sol at BestCashCow has a useful summary of the interest rate trends. It doesn't look good for savers:
Throw in jitters about sovereign debt default and yo-yo-stock markets, and repeated statements from Bernanke that rates will remain low for an extended period, and you have the environment that could push savings rates down to 1% APY.
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