The national average rate paid on 5-year CDs slid to 0.99% this week, the first time ever below...

|By:, SA News Editor

The national average rate paid on 5-year CDs slid to 0.99% this week, the first time ever below 1%. Inside the Eccles Building, a central banker is smiling, hoping savers pay heed to the signal and instead buy a house, put on an addition, take a vacation, or purchase common stocks.