medianet

Sunday, December 21, 2014

Intrerest Rates Rise Again



$$$ +++ %+++ $$$

In September, I wrote about the rate increase in the Ally Bank Online Savings account from 0.87% to 0.90%.  Well the rate has gone up again to 0.99%, a 10% increase.  So the overall rate increase in 2014 for this online savings account is 14%.

I don't know if this is due to the predicted rise in short term interest rates driven by the end of QE and predicted Fed rate increases in 2015, but it is a pointer that short term interest rates will likely go up.
Posted by at
Labels: , , ,

1 comment:

  1. Wow... best content material cloth nice pretty attracted towards the layout of your blog and the content material material too. you've got shared very high-quality facts concerning this social media. custom dissertation writing service in reality I've been given some new subjects from right right here I loved over observe your web log placed up.

    ReplyDelete

Comments are not moderated prior to posting. Mark

Subscribe to: Post Comments (Atom)