The Current CD Quandary
Submitted by Ferguson Financial Inc. on July 27th, 2017The Current CD Quandary
Economists thought inflation would pick up. Guess again.
The Consumer Price Index has advanced less than 2% in a year. Mortgage rates are still not far from historic lows. Low inflation is still with us even in this economic recovery, and it may make the Federal Reserve reconsider its near-term timeline for normalizing monetary policy.1