Current:Home > MarketsThe Fed has been raising interest rates. Why then are savings interest rates low? -FundGuru
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-14 21:55:52
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! (558)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Buckingham Palace staff under investigation for 'bar brawl'
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Skins Game to make return to Thanksgiving week with a modern look
- Meta donates $1 million to Trump’s inauguration fund
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- The Grammy nominee you need to hear: Esperanza Spalding
- 'Most Whopper
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- In ‘Nickel Boys,’ striving for a new way to see
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Senate begins final push to expand Social Security benefits for millions of people
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
$73.5M beach replenishment project starts in January at Jersey Shore
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival