Keyword: Fed funds rates
Savers, Suckers? (5/12/2010)
Savers are collateral damage in the Fed’s attempt to resuscitate a comatose economy during the Great Recession.
Keywords: bailout, borrowers, CD, certificates of deposit, FDIC, Fed funds rates, housing bubble, interest rate, money market funds, mortgage, quantitative easing, recession, savers, Saving, spenders, the Fed, Treasury bonds, yield