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WSJ Your Money Briefing

Where to Invest Your Cash When Interest Rates Come Down

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 21 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

The Federal Reserve said it expects to cut interest rates three times before the end of the year. Wall Street Journal personal-finance reporter Oyin Adedoyin joins host J.R. Whalen to discuss how that is likely to impact cash investments. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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.

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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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