Current:Home > MarketsThe Fed has been raising interest rates. Why then are savings interest rates low? -WealthSphere Pro
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-16 07:47:18
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! (64597)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Oregon Republican senators sue to run for reelection, saying walkout rule shouldn’t stop them
- Son stolen at birth hugs Chilean mother for first time in 42 years
- How a pair of orange socks connected two Colorado cold case murders committed on the same day in 1982
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Tropical Storm Idalia is expected to become a hurricane and move toward Florida, forecasters say
- GM pauses production of most pickup trucks amid parts shortage
- How a pair of orange socks connected two Colorado cold case murders committed on the same day in 1982
- Meta releases AI model to enhance Metaverse experience
- Brad Pitt's Girlfriend Ines de Ramon Proves She's Keeping Him Close to Her Heart
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Texans vs. Saints: How to watch Sunday's NFL preseason clash
- The Ukraine war, propaganda-style, is coming to Russian movie screens. Will people watch?
- Taylor Swift Shows Support for BFF Selena Gomez in the Sweetest Way After Single Soon Release
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Kim Cattrall and Other TV Stars Who Returned to the Hit Shows They Left
- Police investigating apparent shooting at Chicago White Sox game
- Texas takeover raises back-to-school anxiety for Houston students, parents and teachers
Recommendation
Intellectuals vs. The Internet
'Walking with our ancestors': Thousands fighting for civil rights attend March on Washington
Judge to hear arguments on Mark Meadows’ request to move Georgia election case to federal court
A gang in Haiti opens fire on a crowd of parishioners trying to rid the community of criminals
At site of suspected mass killings, Syrians recall horrors, hope for answers
After devastating wildfires, Hawai'i begins football season with Maui in their hearts
Zach Bryan releases entirely self-produced album: 'I put everything I could in it'
Longtime voice of Nintendo's Mario character is calling it quits