Moneynet in The Press

What our customers say...

“I find the newsletter very interesting with all the info and advice I need from one source. A great and informative read. Keep up the great work and thank you.”


The information in this article was correct at the time of publication and contains time sensitive data and links, it may not be accurate at the time of reading.

0% interest rate in the u.s.

Published: 17/12/2008

Daily Mail (Main) – 17th December 2008

The U.S. shocked the world last night by slashing interest rates to a historic low.

Its central bank, the Federal Reserve, set the official rate to between zero and 0.25 per cent.

Andrew Hagger of the financial information website Moneynet.co.uk said savings rates have already been slashed in recent months.

‘Many accounts are now offering an almost worthless rate of return,’ he said. ‘Savers relying on a monthly return to boost their income are feeling the brunt of recent base rate cuts.’

Bupa Health Insurance

Bupa Health Insurance

Get a quote online today

Learn More

Castle Cover Home Insurance

Castle Cover Home Insurance

The Over 50's Insurance Specialists

Learn More

Health Insurance Compare

Health Insurance Compare

Health Insurance from 9.92

Learn More

Copyright ©2012 Moneynet Ltd

Last Updated: 25-05-2012