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Will bank fixed deposit rates rise soon? Higher CD costs signal better returns for savers
Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs), which had been viewed as a leading indicator for broader deposit rates, surged sharply in May amid tighter liquidity conditions and stronger demand for funds.
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economictimes.indiatimes.com
CD rates on the rise could soon bring more on retail deposits
Bank deposit rates are set to rise. Costs for certificates of deposit have increased, signaling banks will soon offer better returns to savers. This is driven by tighter liquidity…
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timesofindia.indiatimes.com
Will bank fixed deposit rates rise soon? Higher CD costs signal better returns for savers
Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs), which had been viewed as a leading indicator for broader…