Current:Home > MyThe Fed has been raising interest rates. Why then are savings interest rates low? -DollarDynamic
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-15 18:06:14
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! (999)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Sundance Film Festival turns 40
- Trump’s attorney renews call for mistrial in defamation case brought by writer in sex-abuse case
- Owning cryptocurrency is like buying a Beanie Baby, Coinbase lawyer argues
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Econ Battle Zone: Disinflation Confrontation
- These Are the Best Valentine’s Day Gift Ideas of 2024 for Your Family, Besties, Partner & More
- Islanders fire coach Lane Lambert, replace him with Patrick Roy
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- How Patrick Mahomes Scored the Perfect Teammate in Wife Brittany Mahomes
Ranking
- 'Most Whopper
- Ancient sword with possible Viking origins and a mysterious inscription found in Polish river
- Election-year politics threaten Senate border deal as Trump and his allies rally opposition
- Todd Helton on the cusp of the Baseball Hall of Fame with mile-high ceiling broken
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Grand jury seated Friday to consider criminal charges against officers in Uvalde school shooting
- Christian McCaffrey’s go-ahead TD rallies 49ers to 24-21 playoff win over Packers
- Roxanna Asgarian’s ‘We Were Once a Family’ and Amanda Peters’ ‘The Berry Pickers’ win library medals
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Does Teen Mom's Kailyn Lowry Want More Kids After Welcoming Baby No. 6 and 7? She Says...
JetBlue and Spirit Airlines say they will appeal a judge’s ruling that blocked their merger
Why TikTok's Viral Sleepy Girl Mocktail Might Actually Keep You Up at Night
Rylee Arnold Shares a Long
Trump’s attorney renews call for mistrial in defamation case brought by writer in sex-abuse case
State-backed Russian hackers accessed senior Microsoft leaders' emails, company says
'Sky's the limit': Five reasons not to mess with the Houston Texans in 2024