31
January 2008
Fed Cuts Rate to 3.0%
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Photo Credit: The Marmot
Yesterday the Fed approved of a .5% cut. It’s now down to 3.0%. This is good news/bad news depending on what your situation is. Personally my saving account’s interest will be going down. That in turn inspires me to pay my car loan down quicker.
J.D at Get Rich Slowly has a list of high yield savings accounts. I expect many of them to lower their rates just a bit.
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