Current:Home > MyThe Fed has been raising interest rates. Why then are savings interest rates low? -FundSphere
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-16 23:08:30
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! (989)
Related
- All That You Wanted to Know About She’s All That
- Prince William Responds After Being Asked About Kate Middleton’s Health Amid Cancer Treatment
- What happened to Eric Bolling? Here's what to know about the Newsmax anchor's exit
- Demonstrators occupy building housing offices of Stanford University’s president
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Who was Scott Scurlock? How a ‘Point Break’-loving bandit masterminded bank robbery spree
- In Push to Meet Maryland’s Ambitious Climate Commitments, Moore Announces New Executive Actions
- U.S. Army officer resigns in protest over U.S. support for Israel
- Questlove charts 50 years of SNL musical hits (and misses)
- Is Mint Green the Next Butter Yellow? Make Way for Summer’s Hottest New Hue We’re Obsessed With
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Amanda Knox reconvicted of slander in Italy in case linked to her quashed murder conviction
- Lax oversight by California agency put LA freeway at risk before 2023 blaze, audit finds
- North Carolina Republicans seek fall referendum on citizen-only voting in constitution
- Intel's stock did something it hasn't done since 2022
- Hailey Van Lith, Cameron Brink headline women's 3x3 team for 2024 Paris Olympics
- Louisiana lawmakers approve bill to allow surgical castration of child sex offenders
- Split the stock, add the guac: What to know about Chipotle's 50-for-one stock split
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
A court ruled embryos are children. These Christian couples agree yet wrestle with IVF choices
Flavor Flav orders entire Red Lobster menu to save 'one of America's greatest dining dynasties'
Deliberations continue in $40 million fraud trial roiled by bag of cash for a juror
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Celebrating Pride Month? You Need These Fun Accessories to Level up Your Pride Outfit
Illinois man gets life in prison for killing of Iowa grocery store worker
Adam Levine Is Returning to The Voice: Meet His Fellow Season 27 Coaches