iOS app Android app

Money Market Rates

Five Ways JPMorgan's Troubles May Affect You

Richard Barrington | Posted 08.11.2012 | Money
Richard Barrington

The average customer has more to lose than to gain from the high-stakes world of bank investing. That's why rules to separate such speculative activity from traditional banking operations would benefit customers who depend on bread-and-butter products like checking and savings accounts.

Goldilocks and the Three Banks

Richard Barrington | Posted 08.07.2012 | Money
Richard Barrington

One size does not fit all when it comes to banks. Don't rely on generalities when deciding on a new bank -- choose the institution specifically suited to your needs.

Regulators' Criticism of Money Market Funds -- Long on Myth, Short on Facts

J. Christopher Donahue | Posted 07.10.2012 | Business
J. Christopher Donahue

For 50 million investors and the multitude of municipalities, corporations and other entities which depend on money market funds for efficient funding, it is crucial to set the record straight.

America's Best Rates 2012 Q1: A Rate Hunter's Guide

Richard Barrington | Posted 04.19.2012 | Business
Richard Barrington

With bank rates falling, where should you look to find the most competitive rates? The banks on the above top 10 lists are great places to start, but you should always do some comparison shopping before you make a final decision.

Are Money Market Rates Poised for a Comeback?

Richard Barrington | Posted 06.10.2012 | Business
Richard Barrington

Is your money market account stuck in a rut? If so, you're not alone. Money market rates have been locked into a long and steady descent for a few years now. Finally, though, there are signs that this could change in the months ahead.

Four Positive Trends That Haven't Helped Money Market Accounts

Richard Barrington | Posted 05.07.2012 | Business
Richard Barrington

In the second week of February, money market rates slipped yet again, falling by one basis point to 0.14 percent. This happened despite at least four economic trends that suggest that interest rates should be rising rather than falling.

The Fed's New Transparency: Too Much information?

Richard Barrington | Posted 04.10.2012 | Business
Richard Barrington

A series of inaccurate forecasts could make people doubt the ability of the FOMC. Opinions on the new reporting detail will vary, but ultimately the verdict may lay in the hands of whoever eventually succeeds Ben Bernanke as Fed chairman.

2011: The Year of Buck-Passing

Richard Barrington | Posted 03.05.2012 | Business
Richard Barrington

Looking back, 2011 may be remembered as the year that world leaders passed the buck. And much to the chagrin of people with savings accounts< and other interest-bearing deposits, this flurry of buck-passing may have doomed them to another year of low interest rates.

Bank Outlook 2012: Six Trends to Watch

Richard Barrington | Posted 02.20.2012 | Business
Richard Barrington

Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?

Federal Reserve Update: November 2011

Richard Barrington | Posted 01.09.2012 | Business
Richard Barrington

At this point, Ben Bernanke is like a poker player who has already drawn his last card and pushed his remaining chips into the center of the table: all he can do now is watch how the game plays out.

4 Signs of a Shrinking Bank

Richard Barrington | Posted 01.02.2012 | Business
Richard Barrington

According to SNL Financial, JP Morgan has just beaten out Bank of America as the largest U.S. bank in terms of assets. That means Bank of America's strategy is working out just as they planned.

Where to Put Your Savings Now: America's Best Rates

Richard Barrington | Posted 09.13.2011 | Business
Richard Barrington

Which banks offered America's best rates in the second quarter of 2011? These are banks that offer high savings and money market rates day in and day out, rather than those that offer high rates as a short-lived marketing promotion.

Welcome News for Money Market Accounts: Inflation Chills Out

Richard Barrington | Posted 09.04.2011 | Business
Richard Barrington

It may be heating up outside, but a cool breeze of relief has come from an unexpected source. The latest Consumer Price Index (CPI) report shows inflation easing back a little bit.

Money Market Rates Suffer From a Squeeze in Net Interest Margin

Richard Barrington | Posted 07.27.2011 | Business
Richard Barrington

"Net interest margin" is a phrase that probably doesn't mean much to you, but right now it is costing you dearly if you have a money market account.

Criticism of Fed Policy Goes Global

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

From a money rates perspective, the immediate concern about the quantitative easing program announced by the Federal Reserve is that it is yet another blow to interest rates on savings accounts, money market accounts, and CDs.

Corporate Cash Hoard Represents Untapped Potential for the Economy

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

It seems the Fed got it half right. Corporations are taking advantage of super-low interest rates to issue bonds at little cost to themselves. Unfort...

Savings Accounts and Employment Between Recession and Recovery

Richard Barrington | Posted 11.17.2011 | Healthy Living
Richard Barrington

There is a difference between starting a recovery and being fully recovered. The economy has a long road of recovery to travel, but at least now it is moving in the right direction.

Auto Loans Data Points to More Responsible Consumer Behavior

Richard Barrington | Posted 11.17.2011 | Healthy Living
Richard Barrington

The drop in delinquencies on auto loans is just one indication that consumers are improving their financial conditions. It is part and parcel with a trend that has been emerging of late.

Safe Harbor: From Money Market Accounts to Municipal Bonds

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

For investors who have already decided to seek safe harbor from the stock market's wild ride, here are four popular alternatives -- and what you should know about their risk and returns.

Deflation and Bank Rates: Good or Bad news for Depositors?

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

Now that the economic recovery has lost momentum, talk in the financial press has returned to the possibility of deflation. To generations raised to f...

Fool's Gold? Four Reasons Gold May Be Overhyped

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

It's OK to buy gold, as long as you're sure you aren't buying hype.As with any investment, you need to consider the price you pay and keep the size of your position in proportion with your other investments.