Dear Garden State Trust Company: I am so tired of these low interest rates. Can we expect an uptick sometime soon? Earlier this year there was talk of a June increase, as I recall.—Cautious Saver Dear Cautious: I am afraid that you may have to get used to disappointment. Your memory is correct. A June…
Tag: interest rates
Rocky Start
April 4, 2016—Equity indices tumbled in January, amid uncertainty about global economic growth, oil prices and developments in China. Oil prices bottomed in February, and stocks slowly struggled back to where they’d started the year. At the end of the first quarter, the S&P 500 was up 13% off its lows, up 0.8% on the…