Current:Home > FinanceThe Fed has been raising interest rates. Why then are savings interest rates low? -SovereignWealth
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-13 13:44:23
When the Federal Reserve hikes interest rates, the interest rate on savings account usually follows in step. But recently, that logic hasn't held up. (Story aired on ATC on Jan. 15, 2023.)
veryGood! (79525)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A single-shot treatment to protect infants from RSV may be coming soon
- 15 wishes for 2023: Trailblazers tell how they'd make life on Earth a bit better
- Trump delivered defiant speech after indictment hearing. Here's what he said.
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Nicole Richie Shares Rare Glimpse of 15-Year-Old Daughter Harlow in Family Photo
- Ukraine: The Handoff
- Vegas Golden Knights cruise by Florida Panthers to capture first Stanley Cup
- Arkansas State Police probe death of woman found after officer
- Ariana Grande’s Rare Tribute to Husband Dalton Gomez Is Just Like Magic
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Gas stoves became part of the culture war in less than a week. Here's why
- 2016: Canada’s Oil Sands Downturn Hints at Ominous Future
- A Year of Climate Change Evidence: Notes from a Science Reporter’s Journal
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Jimmie Allen's Estranged Wife Alexis Shares Sex of Baby No. 3
- As electric vehicles become more common, experts worry they could pose a safety risk for other drivers
- 2017: Pipeline Resistance Gathers Steam From Dakota Access, Keystone Success
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
All the Dazzling Details Behind Beyoncé's Sun-Washed Blonde Look for Her Renaissance Tour
The White House plans to end COVID emergency declarations in May
Coach Just Restocked Its Ultra-Cool, Upcycled Coachtopia Collection
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Global Commission Calls for a Food Revolution to Solve World’s Climate & Nutrition Problems
Amazon Web Services outage leads to some sites going dark
What is the Hatch Act — and what count as a violation?