March 14, 2011
Are You Earning Top Bank CD Rates?
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Bank CD rates are moving higher as the Federal Reserve Bank continues it’s “measured” effort to control inflation by raising the Federal Funds rate. The US economy is still growing at a reported 4%-5% rate and is beginning to show increases in the inflation rate, especially in the food and energy sectors, which the government manages to leave out of the core CPI calculations.
Government economists seem to believe that if they just leave out the costs of food and energy
Filed under non-us residents by on Mar 14th, 2011.
