3.8 • 1.6K Ratings
🗓️ 21 March 2024
⏱️ 7 minutes
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0:00.0 | OCI is the single platform for your infrastructure, database, application development, and AI needs. |
0:07.0 | Do more and spend less like Uber 8 by 8 and DataBrix Mosaic. |
0:12.0 | Take a free test drive of OC at oracle.com |
0:15.5 | slash Wall Street. |
0:19.8 | Here's your money briefing for Thursday, March 21st. I'm J.R. Wayland for the Wall Street Journal. |
0:27.0 | Yesterday the Federal Reserve reaffirmed its plan to lower interest rates later this year. |
0:32.0 | That could mean an end to the healthy returns |
0:35.1 | that savers have an earning on their cash for the past two years. |
0:39.6 | Financial analysts say that rates on high-yield savings accounts are likely to fall first because those |
0:44.3 | adjust monthly whereas Treasury bills and certificates of deposit are going to |
0:49.7 | fall later because those are in different durations. |
0:53.0 | We'll talk to Wall Street Journal Personal Finance reporter Oion Edadoyan, after the break. The less your business spends the more margin you keep. |
1:15.0 | Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform, helping |
1:21.4 | you reduce costs everywhere. |
1:23.0 | Now through April 15th, NetSuite is offering a one-of-a-kind flexible financing program. |
1:29.0 | So head to NetSuite.com slash Wall Street right now. of interest rates later this year means there could be more attractive investments |
1:44.1 | than just putting away cash. Wall Street Journal personal finance reporter O'ian |
1:48.2 | Adadoyan joins me. O'ian, what is the current return on investing cash? |
1:53.4 | It really depends on which device you're investing in, |
1:56.6 | but certificates of deposit, money market funds, |
1:59.5 | and Treasury builds and high yield savings accounts are all yielding over 5% right now. |
2:05.2 | When the Fed does announce a rate cut, which rates on people's money are likely to fall first? |
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