Tuesday, December 13, 2005

Fed Raises Rate to 4.25%

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....

3 comments:

  1. Good news for savers, bad news for borrowers. I am hopeful it will trickle down to my money market account soon as well.

    ReplyDelete
  2. HSBC just increased their interest rate... hopefully some more banks will follow.

    ReplyDelete
  3. Yeah, not great news for those of us not yet locked into our mortgages!

    ReplyDelete

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