ilmscore | Prediction Details
"So if you're sitting on cash, not so good news. However, if you already have money in a CD, it wouldn't be affected. If you've locked in that rate, but if you want to get a new CD, the new rates after the rates get cut could be lower."
By Minority Mindset | August 24, 2024 | Pending
From video
It's Official: Interest Rate Cuts Are (Almost) Here 00:02:53 - 00:03:04
Interpreted Prediction
Interest rates on savings accounts and new Certificates of Deposit (CDs) are expected to fall when the Federal Reserve cuts interest rates.

Prediction Details

Topic
Savings Account Rates

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