Economic Calendar Shows December Capacity Utilization and Rates
Federal Reserve reports December capacity use and December figures. Treasury bill auction to set bank deposit rates. Commerce Department notes December personal income with housing starts and fourth quarter GNP estimates, showing an initial 2.2 percent decline. Nearby meetings cover estate planning, tax topics, health costs, training, and professional secretaries events with confirmations and reservations.
MENTIONED IN THIS ARTICLE
Federal Reserve System
Treasury
Commerce Department
Cedar Rapids
Roosevelt Quality Inn
Vernon Pooley
Frank B. Hall & Co
Iowa
Eastern
Village Inn
Robert Leeper
Quaker Oats
National Association of Accountants
Arch Gothard
Arthur Anderson & Co
IRS
Zeph Telphner
Council Bluffs
American Institute of Industrial Engineers
Longbranch
David W. Storer
Storer Software
Puplic
Corky Lageschulte
Hawkeye
American Society For Training and Meat
Lorna Bell
YWCA
Jeff Schultz
Aerobico Ltd
Kirkwood Community College
A.N. Palmer
Professional Secretaries International
Holiday Inn
David Lilak
General Mills
Sandra Curtis
Savings vehicle choices grow as deregulation expands options
Deregulation broadens savings choices beyond traditional accounts as consumers weigh government securities, IRAs, CDs, money-market funds, and other vehicles. With inflation easing, savers must balance risk and return, considering minimums and rate trends while aiming for security and accessibility.
Financial choices rise as savings devices flood market
The article outlines money market like savings accounts with minimum 2500 balances insured by government and high introductory rates. Super NOW accounts offer unlimited checks with near 11 percent yields but lower than money-market funds. CDs standardize minimums at 2500. Treasury bills and agency issues offer varied returns with safety considerations. banker’s acceptances and commercial paper provide shorter terms and higher yields, with rates often around 8 to 9 percent.
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Bill Sing
Los Angeles Times
Bank of Savings and Loan
William E. Donoghue
Savings and Loan Associations
Treasury
S&ls
Federal Reserve
Federal Agency
Federal National Mortgage Association
Government National Mortgage Association
Federal Home Loan Banks
Department of the Treasury
General Motors
General Electric
General Motors Acceptance Corp
Super NOW accounts vs insured money market accounts
Banks now offer insured money market accounts and Super NOWs. Super NOWs allow unlimited check writing, while money market accounts limit to three checks monthly but may yield higher returns. Banks must hold up to a 12 percent cash reserve on every dollar in a Super NOW. Consider splitting funds between the two based on liquidity and yield.
MENTIONED IN THIS ARTICLE
Savings and Loans
Los Angeles Times
Savings options under 2500 dollars for small savers
The article lists Treasury notes, IRAs, money market funds, and repos as savings instruments with minimums under 2500 dollars. It notes notes mature 1 to 10 years with deposits around 1000, IRAs up to 2000 earnings, rates 8 to 11 percent, and warns IRAs penalties for early withdrawal and money funds insured risk. It also mentions small-saver certificates such as a 30 month CD.
MENTIONED IN THIS ARTICLE
Alliance Capital
Treasury
Money
U.S
S&ls
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Bond Calendar
Salomon Brothers
U.S. Treasury
Ite
Colorado National Bankshares
Westinghouse Credit
Dade Co. Fla
Gtd
N.E
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Platte River Power Authority
Colorado
Massachusetts Industrial Finance Agency
Salt River
Arizona
Chicago General Obligation
Philadelphia
Ana
Commonwealth of Massachusetts
New York State
Washington
Georgia
S&l
Banks
Banker
Marty Smith
le le
Millhiser Smith Agency, Inc
Klett
Oakland Road
Paul Strassels
Eyewitness News
UPD
KCRG