Clutter2Cash: Fed Raises Rate to 4.25%

Tuesday, December 13, 2005

The Federal Reserve raised the main U.S interest rate to 4.25% [via Bloomberg] I hope the online savings accounts start reflecting that soon....

.12/14/2005 03:58:00 PM
Good news for savers, bad news for borrowers. I am hopeful it will trickle down to my money market account soon as well.
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Anonymous12/16/2005 01:04:00 AM
HSBC just increased their interest rate... hopefully some more banks will follow.
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Madame X12/16/2005 01:42:00 PM
Yeah, not great news for those of us not yet locked into our mortgages!
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