Talk of The Villages Florida - View Single Post - The Dow's up big today (Fri. May 3)
View Single Post
 
Old 05-04-2013, 07:54 AM
spk7951's Avatar
spk7951 spk7951 is offline
Gold member
Join Date: Aug 2008
Posts: 1,284
Thanks: 7
Thanked 38 Times in 21 Posts
Default

Quote:
Originally Posted by zcaveman View Post
I just want them to start raising the interest rates on checking and savings accounts.

Z

I agree with you but don't hold your breath. Federal Reserve has said that rates will not change anytime soon. If I remember correctly they are waiting for either an unemployment rate of 6.5, or lower, or inflation increases, whichever comes first.

Guess we have to take the good with the bad. Like the late 70's and interest rates of around 8% and now .025, if your lucky.