Sentences with phrase «determine money market rates»
This short - term rate helps determine money market rates, checking account rates, short - term CD rates, and even egregious credit card rates.
https://www.financialsamurai.com/ Not exact matches
To determine which money market account might be best for your situation, check out the details on these accounts that offer the highest money market rates:
Starting with the calendar month following when you open your Premiere Money Market account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions or direct deposit requirement from the previous calendar month.
The cash rate is determined in the money market as a result of the interaction of demand for and supply of overnight funds.
Nevertheless, the few deviations recorded indicates the flexibility of the operating system to react to changing market circumstances and ensure that the policy rate determined by the Reserve Bank Board is not materially affected by developments in the money markets.
People who are determined to avoid online - only banks should be prepared to accept rates much closer to the FDIC's calculated national average of 0.06 % APY for regular savings accounts and 0.08 % for money market accounts.
Traditional savings products, such as money market accounts, CDs and savings accounts, use the prime rate to determine the interest they'll pay investors.
Money market managers are required to determine that their investments are safe and have high credit ratings, according to Rule 2a - 7, a 1997 addition to the Investment Company Act of 1940.
(1.1) The Money Market Select account earns interest at a competitive rate determined solely by the Bank and is subject to change weekly.
GE would look to the market to determine what interest rate it would need to offer to get investors to lend them the money.
Savings account and money market rates applicable at the $ 10,000 rate tier are collected throughout the quarter and averaged to determine each product's rate for the quarter.
Determined weekly based on a weighted average of representative interest rates on short - term government debt instruments in the money markets of the SDR basket currencies, with a floor of 5 basis points.
An investment playbook defines your investing goals and ideology, establishes proper asset allocation, outlines the entry and exit points for buying and selling securities, determines how you'll invest in rising or falling markets, defines your contribution rate and ultimately what your withdrawal strategy will be once the money is required.
The Premier Relationship Interest Rate will be earned on your Choice Money Market Savings account, and is calculated as follows: On the last day of your statement cycle, your Choice Money Market Savings account's end - of - day collected balance tier will be determined.