tag:blogger.com,1999:blog-6704573462403312459.post9190092751368900805..comments2024-03-29T02:53:03.321-04:00Comments on Moneyness: Where are the customers' rate increases?JP Koninghttp://www.blogger.com/profile/02559687323828006535noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6704573462403312459.post-21745955914383501072022-05-05T08:56:26.735-04:002022-05-05T08:56:26.735-04:00That's a great question and I'd love to se...That's a great question and I'd love to see the answer, too.JP Koninghttps://www.blogger.com/profile/02559687323828006535noreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-42899876099230209702022-05-04T13:49:15.187-04:002022-05-04T13:49:15.187-04:00I would love to see some analysis on whether credi...I would love to see some analysis on whether credit unions (and similar non-profit institutions) are as "upwards-sticky" in their savings rates as their for-profit counterparts.<br /><br />I just got the following email from one of my CU's, and it reminded me of this post.<br /><br />"Rates on the rise<br /><br />"We raised our interest rate on savings accounts as of April 1, and we’ve already increased our certificates rates three times this year. You can count on Alliant to act quickly to raise our rates whenever it’s financially feasible.<br /><br />"Our employees are Alliant members too, so we love savings rate increases just as much as you do! We expect to have more good news on that front throughout the rest of the year, so watch your inbox."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-80259748106320026142022-04-26T23:01:14.658-04:002022-04-26T23:01:14.658-04:00And bank economists advocate higher interest rates...And bank economists advocate higher interest rates even as their institutions are speculating and making profits when rates rise.<br /><br />http://bilbo.economicoutlook.net/blog/?p=49086<br /><br />"The private banking economists that are continually wheeled out in the media to comment on prospective interest obviously talk up interest rate rises because their organisations benefit, which poses the question as to why they are used in this way and held out as independent authorities."<br />Larry Kazdanhttps://www.blogger.com/profile/04756717838017050246noreply@blogger.com