Personal Finance Blog By MoneyRates - Bank Rates
Does Good News for Banks Mean Good News for Savings and Money Market Accounts?
November 29, 2010
Improved bank profitability may be the first step towards improved interest rates on CDs, savings accounts, and money market accounts.
A sigh of relief: Oil prices take a step back (for now)
November 24, 2010
Read about a potential threat to CDs, savings, and money market accounts that has started to back off -- for the time being.
When will savings and money market rates follow the rise in bond yields?
November 22, 2010
Find out what to expect from deposit rates in light of last week's steep climb in bond yields.
Driving interest rates into the ground: take two
October 27, 2010
Find out how the Federal Reserve's next move could affect your deposit account income.
Earnings Send Disappointing Signals for Bank Rates
July 26, 2010
Indications from second quarter earnings releases are that banks are continuing to suffer from bad loans tied to the real estate sector. That's bad for banks, and in this case, what's bad for the banks is also bad for bank customers. Money market rates, CD rates, and savings account rates continue to bump along at extremely [...]
Where Bank Rates Fit Into the Stimulus vs. Fiscal Discipline Debate
July 21, 2010
The breaking of a filibuster yesterday paved the way for a further emergency extension of unemployment benefits. The debate over those benefits was the latest example of a larger debate concerning which of two major economic problems should get priority now: the faltering recovery, or the federal budget deficit. Savings account rates, money market rates, and [...]
Weak Consumer Sentiment a Setback for Bank Rates
July 19, 2010
Just as some positive momentum had been developing in the stock market, prices took a major tumble on Friday. This sudden reversal is typical of the twists the economic narrative has been taking lately, as the recovery seems in danger of petering out. The drama extends to the outlook for bank rates, whose fate seems to [...]
Following the Chain of Events to Higher Bank Rates
July 14, 2010
Are you impatient for higher savings account rates? Wondering if money market rates will ever move higher rather than lower? Agonizing about rolling over a CD at current CD rates? Simply waiting for bank rates to move can be a frustrating exercise. It can help if you know to look for some early clues to higher [...]
Will Bank Rates Take a Cue from Corporate Earnings?
July 12, 2010
You may be a conservative depositor who doesn't have much to do with the ups and downs of the stock market. Or, you may consider your bank deposits totally separate from your high risk/high return stock investments. Either way, you probably don't make an immediate connection between what's going on in the stock market and [...]
Bank Rates May Take a Cue From Bank Earnings
July 7, 2010
With the second quarter of 2010 now behind us, banks are expected to release earnings reports that show a drop-off from a strong first quarter, at least for some of the industry's leaders. You don't have to be invested in bank stocks to find that significant -- just being a depositor is reason enough to [...]
