Randy Rosen
Randy Rosen
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,
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.