Current:Home > ScamsThe Fed has been raising interest rates. Why then are savings interest rates low? -Streamline Finance
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-16 01:43:40
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! (3)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Ashlee Simpson and Evan Ross Make Rare Red Carpet Appearance With All 3 Kids
- It Ends With Us’ Justin Baldoni Is “On the Mend” After Being Hospitalized With Infection
- Gabby Petito Pleads With Brian Laundrie in Gut-Wrenching Letter Released by FBI
- Retirement planning: 3 crucial moves everyone should make before 2025
- Georgia Gov. Brian Kemp journeys to South Korea in sixth overseas trip
- Family of murdered Missouri couple looks to inmate's execution for 'satisfaction'
- Stock market today: Asian stocks are mixed ahead of this week’s Fed meeting
- Buckingham Palace staff under investigation for 'bar brawl'
- Could Apple be worth more than Nvidia by 2025?
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- DNC says it will reimburse government for first lady Jill Biden's Delaware-Paris flights
- Mexico councilwoman who backed Claudia Sheinbaum's party shot dead outside her home
- Older worker accuses defense contractor of discriminating by seeking recent college grads
- Where will Elmo go? HBO moves away from 'Sesame Street'
- US opts for experience and versatility on Olympic women’s basketball roster, passes on Caitlin Clark
- NFL’s dedication to expanding flag football starts at the top with Commissioner Roger Goodell
- Key new features coming to Apple’s iOS18 this fall
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead
Elon Musk threatens to ban Apple devices at his companies over its new OpenAI deal
Orson Merrick: Gann's Forty-Five Years on Wall Street 12 Rules for Trading Stocks
Woman dies after Singapore family of 3 gets into accident in Taiwan
Arthritis is common, especially among seniors. Here's what causes it.
Sen. John Fetterman and wife Giselle taken to hospital after car crash in Maryland
Oregon man who drugged daughter’s friends with insomnia medication at sleepover gets prison term