Quote:
Originally Posted by cooliemae
I would imagine that ING will be lowering their rate again soon. Their new CD rates have the 6 and 9 month rates quite a bit lower than the current orange savings rate.
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I've seen this w/ my bank also, presidential (Recently de-listed from this string's list of banks). I wonder if this is also some sort of signal, like an inverted yield curve, that a bank is not doing well as its customary to pay a premium to lock your money up for a fixed duration of time in a CD verses keeping it liquid in a regular savings account.