Cd Rates In Il How Can Their Be A Liquidity Crisis Without A Rise In Bank CD Rates?

How can their be a liquidity crisis without a rise in bank CD rates? - cd rates in il

If Countrywide or any other bank has raised its prices relatively low CD, I'm sure it would be flooded with deposits. Throughout the country, has announced a tie 11.5 billion in credit lines. I am sure that Countrywide, the pace of the CDs to vote more around the same as' s in the use of credit lines, or about 6 1 / 2%, Countrywide could attract light + $ 20 billion in new deposits. In short, do not understand the headlines scream "liquidity crisis", while the banks appear not violated for all deposits and maintain its relatively low savings rate. High-performance CD-Countrywide, in support of more than $ 98,000 is 5.50%.