Current:Home > NewsThe Fed has been raising interest rates. Why then are savings interest rates low? -MoneyStream
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-24 19:05:49
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! (45)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Amazon Prime Day Is Starting Early With This Unreal Deal on the Insignia Fire TV With 5,500+ Rave Reviews
- When an Oil Company Profits From a Pipeline Running Beneath Tribal Land Without Consent, What’s Fair Compensation?
- Your Super Bowl platter may cost less this year – if you follow these menu twists
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Inside Clean Energy: Net Zero by 2050 Has Quickly Become the New Normal for the Largest U.S. Utilities
- Want To Get Ready in 3 Minutes? Beauty Gurus Love This $5 Makeup Stick for Cheeks, Eyes, and Lips
- Sarah Jessica Parker Weighs In on Sex and the City's Worst Man Debate
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Billie Eilish Shares How Body-Shaming Comments Have Impacted Her Mental Health
Ranking
- 'Most Whopper
- This week on Sunday Morning (July 16)
- What does the Adani Group's crash mean for India's economy?
- Republicans Seize the ‘Major Questions Doctrine’ to Block Biden’s Climate Agenda
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Indian authorities accuse the BBC of tax evasion after raiding their offices
- Inside Clean Energy: Illinois Faces (Another) Nuclear Power Standoff
- Rail workers never stopped fighting for paid sick days. Now persistence is paying off
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Northwestern fires baseball coach amid misconduct allegations days after football coach dismissed over hazing scandal
One of the Country’s 10 Largest Coal Plants Just Got a Retirement Date. What About the Rest?
Upset Ohio town residents seek answers over train derailment
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Sarah Jessica Parker Weighs In on Sex and the City's Worst Man Debate
Dawn Goodwin and 300 Environmental Groups Consider the new Line 3 Pipeline a Danger to All Forms of Life
Justice Dept asks judge in Trump documents case to disregard his motion seeking delay