Tag:

Fed Funds Rate

Latest Headlines

Latest Headlines

What's up with WaMu?

Bloggers have noticed that Washington Mutual is now offering 5 percent on certificates of deposit. That may draw some assets, but it raises issues for some. Mish's Global Economic Trend Analysis says this: "WaMu is paying 5 percentĀ on CDs at a time the Fed Funds Rate is 2.0 percentĀ and the dis