Randy Rosen
Randy Rosen
active activity bond cds couple driven fairly last market months rates seeing term
Rates for long term CDs (terms of 12 months and longer) are typically driven by the activity in the bond market. The bond market has been fairly active over the last couple of months, which is why you are seeing long term CD rates changing.
checking driving federal main market money rates reserve
For checking and money market rates the Federal Reserve is one of the main driving forces.
checking earlier federal financial increase interest month raising rates reserve slightly
The Federal Reserve raising interest rates earlier this month prompted financial institutions to slightly increase interest checking rates,
driver longer month primary rates term
The T-bill rates index is the primary driver for the longer term CDs, 12 month and longer,
active bond couple driven last month movement rates
The bond market, which has been more active over the last couple of months, has driven the movement in rates for the longer-term CD's (12 month and longer),
changes checking federal funds market money movement rates reserve
While checking and money market rates have not had significant changes recently, if the Federal Reserve makes any more changes to the Federal Funds rate, we should see some movement in checking and money market rates.
cd cds due last months movement primarily rates small
There has actually been very small to no movement in the CD rates over the last week. ... Any movement in the CD rates, especially in the CDs for 12 months or longer, would be primarily due to the fluctuations in the T-bill rate.
checking continue expectation federal interest market money rates reserve
The expectation is that, over time, interest checking and money market rates will continue to increase, especially if the Federal Reserve makes more rate increases.