3-Month CD Rates Increase While Fed Continues To Reduce Monthly Bond Purchases – WSJ.com

Posted by Social Media | Aug 5, 2014 | Doral | 0 |

NEW YORK, Aug. 5, 2014 /PRNewswire/ — RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that 3-month CD rates increased by one basis point while national averages for all other durations remained unchanged as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.

Source: www.online.wsj.com

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