Economy, asked by omartservices2132, 7 months ago

weakness of money market​

Answers

Answered by rupamkumarisharmaa
1

Answer:

The interest rate on a money market account also fluctuates, without a guarantee for any period of time. If market interest rates fall, the bank or credit union can reduce your rate. A money market account doesn't safeguard your rate like a certificate of deposit, which normally pays a guaranteed rate until it matures.

Answered by hasnainshaikh78679
2

Answer:

The interest rate on a money market account also fluctuates, without a guarantee for any period of time. If market interest rates fall, the bank or credit union can reduce your rate. A money market account doesn't safeguard your rate like a certificate of deposit, which normally pays a guaranteed rate until it matures.

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