Current:Home > FinanceThe Fed has been raising interest rates. Why then are savings interest rates low? -Clarity Finance Guides
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-14 00:54:10
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! (252)
Related
- Travis Hunter, the 2
- Chad Michael Murray and Wife Sarah Roemer Welcome Baby No. 3
- Federal investigators deploy to Maui to assist with fire probe
- Horoscopes Today, August 18, 2023
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Restaurant workers who lost homes in Maui fire strike a chord with those looking to help
- Scam artists are posing as Maui charities. Here's how to avoid getting duped.
- 1 killed, thousands under evacuation orders as wildfires tear through Washington state
- Federal hiring is about to get the Trump treatment
- Everything to Know About the Rachel Morin Murder Investigation
Ranking
- Sam Taylor
- Group of Lizzo's dancers release statement defending singer amid lawsuit
- Marvin Hayes Is Spreading ‘Compost Fever’ in Baltimore’s Neighborhoods. He Thinks it Might Save the City.
- Are forced-reset triggers illegal machine guns? ATF and gun rights advocates at odds in court fights
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Pilot error caused the fatal hot air balloon crash in New Mexico, NTSB finds. Drug use was a factor
- Maui water is unsafe even with filters, one of the lessons learned from fires in California
- England vs. Spain: Time, odds, how to watch and live stream 2023 World Cup final
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Pete Alonso apologizes for throwing first hit ball into stands: 'I feel like a piece of crap'
Dealer who sold fatal drugs to The Wire actor Michael K. Williams sentenced to 10 years in prison
Celebrities You Didn’t Know Were Twins
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Tua Tagovailoa's return to field a huge success, despite interception on first play
Tropical Storm Hilary menaces Mexico’s Baja coast, southwest US packing deadly rainfall
Suspect arrested in killing of 11-year-old Texas girl whose body was left under bed