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Interest rates......aargh

May 21st, 2009 at 04:30 pm

When are they going to go back up?!!

Breathe. Breathe. That's better.

Posted in Saving Money | 2 Comments »

2 Responses to “Interest rates......aargh”

  1. scfr Says:
    May 22nd, 2009 at 12:18 am 1242951525
    1242951525

    I know ... I know!

  2. Broken Arrow Says:
    May 22nd, 2009 at 06:37 pm 1243017475
    1243017475

    So, you mean stuff like bank interest rates right? Not credit card rates?

    Personally, I think so long as it keeps pace or even out-paces inflation, I'm happy. Inflation is finally starting to creep up with the Fed printing a bunch of money to buy up long-term mortgage debts, but then, we were also in a deflation for several month as well.

    In the end, I don't mind this interest rate too much. For better or worse, it's on par with the economic conditions.... On the other hand, at the risk of gloating, I am also getting 4.01% APY....

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