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The El Paso

One rare CD feature would tip 77% of savers toward locking in

One rare CD feature would tip 77% of savers toward locking in
Photo: KVIA ABC-7 · view original

In a unanimous vote in mid-September, the Fed raised the target range for federal funds to 3.75%-4%, a quarter of a percentage point from what it was. Five months earlier, back in April, when the Fed rates were steady, Credit One Bank asked 1,000 U.S. consumers what they wanted in terms of saving...

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