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CDs at 6%? How high could they go?

Por: MarketWatch Politics August 22, 2023

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The Federal Reserve raised its benchmark rates at 11 of its past 12 policy meetings. “During the past 18 months of rising rates, it was relatively easy to anticipate Fed rate hikes, because inflation was very high,” said Dan Geller, a behavioral economist based in San Francisco. “The next 12 months are going to be much more complicated and challenging.”So what will that mean for CD rates?  “CD rates are probably at or near their... + full article



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