I am sure this was not on the FED’s mind.

Tim Knowles
Jul 27, 2023

The FED has been doing savers a favor. For less sophisticated investors, savers, higher interest rates are a boon. CD rates are very attractive right now and will stay that way for a while. I know that helping savers is not even on the FED radar. For the first time in a long time savers are actually making inflation adjusted profits.

TEK

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Tim Knowles

Worked in our nations space programs for more than 40 years