Gary Quinzel, CFP®, CFA®, and Vice President of Portfolio Consulting at Wealth Enhancement Group was featured by CBS in “What Could Happen to CD Interest Rates This October? Here’s What Experts Think.”
Signs of economic slowdown, including higher unemployment rates, could also create lower demand for loans which will create even less incentive for banks to offer attractive yields on short-term or long-term CDs, Quinzel says.
Access the full article authored by Christy Bieber here.