Problem
THE WALL STREET JOURNAL
Banks Are Offering 4.5% CDs-Just Not to Regular Customers
Consumers are finding the highest interest rates on CDs in years through brokerage firms
You can find this article online or just answer to the best of your ability
You can find the article online the author's name is Rachel Louise Ensign
Read the following WSJ article and answer the following questions briefly.
• What are brokered CDs;
• What are the main differences between brokered CDs and traditional CDs?
• What is the 1-year CD rate offered by your bank or credit union? How does it compare to the brokered CD rates reported in the article?