can a bank stay in business @ 0 % interest ?
I checked Gate City bismarck and their rates didnt change with the fed drop, guess they just wanna screw people... Its still at 2.75!
The Fed controls short term rates. Long term rates are market based. FYI
Banks and cockroaches will be the last things to die. Their cash machine is credit card debt and the more they can push the better they like it.