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 |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
