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Fed Could Take Credit Crunch Fix to the Bank

Interest rates may drop, but deposit rates could go with them

By Wesley Oliver, Newser Staff

Posted Sep 3, 2007 4:00 PM CDT

(Newser) – If you have CDs or a savings account, you may be contributing, soon enough, to the solution to the credit market upheaval, the LA Times reports. Some investors expect the Federal Reserve to cut short-term interest rates next month, a move that could inspire banks... Read full story »

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Fed Could Take Credit Crunch Fix to the Bank

Interest rates may drop, but deposit rates could go with them

Federal Reserve • credit market • interest rate • federal fund rates • savings account • certificates of deposit

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