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Post Info TOPIC: If Fed finally raises rates, here's how you'll feel it
lilyofcourse


My spirit animal is a pink flamingo.

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If Fed finally raises rates, here's how you'll feel it
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Will they, or won't they? That's the question on the minds of interest-rate watchers everywhere as the Federal Reserve gets set to meet this week. National Association of Federal Credit Unions President and CEO B. Dan Berger weighs in with what savers and borrowers can expect over the long haul.

Q: Interest rates have been so low for so long, and even when they do rise, it'll be extremely gradual. What's a saver to do?

A: This has been a tough environment for savers. It really emphasizes the need to shop for the best rates possible. Oftentimes, that will be a credit union — a not-for-profit, member-owned financial cooperative. Savers can go towww.CULookup.com to find interest rate comparisons between credit unions and banks, and also to find a credit union that they are eligible to join.

 

 

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Here is the link, it's hard to copy and paste.

If Fed finally raises rates, here's how you'll feel it

 

http://www.usatoday.com/story/money/personalfinance/2016/09/19/fed-federal-reserve-interest-rates-savings-credit-cards/90144564/



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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.

Charley Harper
Lawyerlady


On the bright side...... Christmas is coming! (Mod)

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A saver should have been investing in real estate the last 10 years.

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LawyerLady

 

I can explain it to you, but I can't understand it for you. 
lilyofcourse


My spirit animal is a pink flamingo.

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Most just hung on to whatever they could.



__________________

A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.

Charley Harper
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