RBS 154: Where to Keep Cash After the Fed Lowers Rates by 50 Basis Points
The Rob Berger Show - A podcast by Rob Berger
Yesterday the Fed lowered the Fed Funds rate by 1/2 of a percent. The prime rate followed, going from 8.5% to 8.0%. Rates on everything from credit cards to savings accounts to CDs also went down. And the rates on bonds and mortgages continued to decline.Given all of this, where are the best places to keep your cash?The Fed's Statement: https://www.federalreserve.gov/newsev...30-year U.S. Bond Yields: https://fred.stlouisfed.org/series/MO...T-Bill Yields: https://home.treasury.gov/resource-ce...
