My thoughts, exactly. » interest http://www.roguelynn.com Rogue|Lynn Wed, 28 Dec 2011 00:21:24 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 breaking news? http://www.roguelynn.com/2008/10/22/breaking-news/ http://www.roguelynn.com/2008/10/22/breaking-news/#comments Wed, 22 Oct 2008 14:27:08 +0000 roguelynn http://roguelynn.wordpress.com/?p=33 It was just announced, almost just in passing, that the rates accrued on excess balances at the federal reserve increased.  Instead of 75 bips below the target rate, it’s 35 bips.

Please – someone – realize that this is a big deal.

Maybe it’s just because I work at a bank.  Yay for us on increase interest, boo for the eventual increase in fed funds effective.

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