Current:Home > NewsThe Fed has been raising interest rates. Why then are savings interest rates low? -ValueCore
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-17 00:38:37
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! (714)
Related
- Rylee Arnold Shares a Long
- This video from a humpback 'whale spa' shows skin care is serious — and social
- ‘Barbie’ for $4? National Cinema Day is coming, with discounted tickets nationwide
- Whose seat is the hottest? Assessing the college football coaches most likely to be fired
- Bodycam footage shows high
- FDA approves RSV vaccine for moms-to-be to guard their newborns
- Police capture man accused of strangling 11-year-old Texas girl, leaving her body under a bed
- Tenor Freddie de Tommaso, a young British sensation, makes US opera debut
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- 2nd person found dead in eastern Washington wildfires, hundreds of structures burned
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Virginia judge largely sides with ex-patients in hospital’s effort to pare down lawsuit abuse claims
- More hearings begin soon for Summit’s proposed CO2 pipeline. Where does the project stand?
- Spanish soccer federation president apologizes for kissing star Jennifer Hermoso on lips
- Questlove charts 50 years of SNL musical hits (and misses)
- Weather service confirms fifth tornado among a spate of twisters to hit New England last week
- U.S. expands Ukrainian immigration program to 167,000 new potential applicants
- Charles Martinet, the voice of Nintendo's beloved Mario character, is stepping down
Recommendation
Rylee Arnold Shares a Long
NHTSA proposing new rules to encourage seat belt use by all vehicle passengers
Tenor Freddie de Tommaso, a young British sensation, makes US opera debut
Halfway there! Noah Lyles wins 100 meters in pursuit of sprint double at world championships
Travis Hunter, the 2
Store owner shot to death right in front of her shop after dispute over LGBTQ+ pride flag, authorities say
10 damaged homes remain uninhabitable, a week after Pennsylvania explosion that killed 6
Free Disney World passes is latest front in war between Disney and DeSantis appointees