"More relief is expected Tuesday when the central bank is expected to cut a key interest rate by between one-half and a full percentage point."
Most local banks now are offering less then three per-cent on a bank CD
I just took out one for 3.7% offered thru my broker.
Why would this concern for most people? What about your retirement accounts? If the stock market and bank CD's hit rock bottem, so does your retirement money. To me this looks like some hard times hitting soon.
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