Current:Home > ContactThe Fed has been raising interest rates. Why then are savings interest rates low? -WealthDrive Solutions
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-17 10:41:56
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! (2)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- German Law Gave Ordinary Citizens a Stake in Switch to Clean Energy
- Carmelo Anthony Announces Retirement From NBA After 19 Seasons
- NFL record projections 2023: Which teams will lead the way to Super Bowl 58?
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Is gray hair reversible? A new study digs into the root cause of aging scalps
- Florida county under quarantine after giant African land snail spotted
- The Taliban again bans Afghan women aid workers. Here's how the U.N. responded
- Questlove charts 50 years of SNL musical hits (and misses)
- Save 50% On These Top-Rated Slides That Make Amazon Shoppers Feel Like They’re Walking on Clouds
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- What Does ’12 Years to Act on Climate Change’ (Now 11 Years) Really Mean?
- Amazon has the Apple iPad for one of the lowest prices we've seen right now
- Mike Ivie, former MLB No. 1 overall draft pick, dies at 70
- Grammy nominee Teddy Swims on love, growth and embracing change
- U.S. charges El Chapo's sons and other Sinaloa cartel members in fentanyl trafficking
- FAMU clears football activities to resume after unauthorized rap video in locker room
- Coal Boss Takes Climate Change Denial to the Extreme
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Khartoum's hospital system has collapsed after cease-fire fails
Julia Fox Frees the Nipple in See-Through Glass Top at Cannes Film Festival 2023
Dr. Dre to receive inaugural Hip-Hop Icon Award from music licensing group ASCAP
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Dolphins WR Tyreek Hill reaches settlement following incident at a Miami marina
Montana House votes to formally punish transgender lawmaker, Rep. Zooey Zephyr
Khloe Kardashian Shares Adorable Cousin Crew Photo With True, Dream, Chicago and Psalm