_cd-alternatives-124-steve-conte.jpg "CD Alternatives | Steve Conte from savings accounts interest rates Video Screenshot Preview")
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⏲ Duration: 62 sec
✓ Published: 30-Apr-2014
✓ Published: 30-Apr-2014
Description:
We’ve been in a generally low interest rate environment for most of the past decade. The last few years have produced record low interest rates.nnThese low rates are not an accident. They have been shaped by the Federal Reserve to help consumers borrow money more cheaply – with the hope that it will help spur the economy after the financial crisis of 2008.nnUnfortunately, low rates don’t just benefit borrowers. They also affect savers. Interest rates from savings accounts, bank CDs and bon
We’ve been in a generally low interest rate environment for most of the past decade. The last few years have produced record low interest rates.nnThese low rates are not an accident. They have been shaped by the Federal Reserve to help consumers borrow money more cheaply – with the hope that it will help spur the economy after the financial crisis of 2008.nnUnfortunately, low rates don’t just benefit borrowers. They also affect savers. Interest rates from savings accounts, bank CDs and bon
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