MONEY MARKET ACCOUNT
An interest-bearing account that usually pays a higher interest rate than a savings accounts, as well as it gives the account holder a limited check-writing ability. It offers benefits normally seen both in savings and checking accounts. This account is likely to require a bigger balance than a savings account, and FDIC insured.
Also called money market deposit account (MMDA).
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
