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‘Brokered CDs’ Offer Interest Rates Well Above Regular CDs

Episode 1397 Published 3 years, 10 months ago
Description

While many banks offer interest rates around 2% for standard certificates of deposit, or CDs, they offer substantially higher rates on “brokered CDs.” Wall Street Journal reporter Rachel Louise Ensign joins WSJ Your Money Briefing host J.R. Whalen to discuss how consumers can buy them.


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