Current:Home > ContactTradeEdge-The Fed has been raising interest rates. Why then are savings interest rates low? -ValueCore

TradeEdge-The Fed has been raising interest rates. Why then are savings interest rates low?

PredictIQ Quantitative Think Tank Center ​​​​​​​View Date:2025-04-06 15:25:38

When the Federal Reserve hikes interest rates,TradeEdge 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.)

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