interest rate
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Where to Stash Your Emergency Fund to Protect It From Inflation
Aside from your checking account, is there a good place to put your emergency cash so that it won’t be eaten up by rising inflation? Unfortunately, with interest rates being so low, the pickings are slim, but you do have a few options: money market accounts, high-yield savings accounts, and CDs. Here’s a look at…
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The RBA May Introduce ‘Quantitative Easing’ For The First Time Ever — Here’s What That Means
Australia’s economy is facing a tough time right now and its central bank, Reserve Bank of Australia (RBA), is considering a number of new policies to get it back up and running. One idea in particular is raising eyebrows. It’s called ‘quantitative easing’ and it’s something that has never happened in Australia before. In layman’s…