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interest issue?

Posted by: sconrad on Sep 30, 11:22

Did the interest drop? I have over a million in cash and my daily interest is $8.71? or 0.25%/year.

Just wondering.

interest issue? sconrad Sep 30, 11:22

Interest is paid out at the Fed funding rate. You'll have to wait for the US economy to strengthen and the Fed to raise the rates to earn RogerMore Sep 30, 12:22

Sorry. Fed *funds* rate, not funding rate. {nm} RogerMore Sep 30, 12:24

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