Current:Home > FinanceThe Fed has been raising interest rates. Why then are savings interest rates low? -Wealth Nexus Pro
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-12 08:42:13
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! (35428)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
- Don’t Miss This $62 Deal on $131 Worth of Philosophy Perfume and Skincare Products
- Exxon Accused of Pressuring Witnesses in Climate Fraud Case
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- U.S. Mayors Pressure Congress on Carbon Pricing, Climate Lawsuits and a Green New Deal
- Taylor Swift and Matty Healy Break Up After Whirlwind Romance
- Pence meets with Zelenskyy in Ukraine in surprise trip
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Can Massachusetts Democrats Overcome the Power of Business Lobbyists and Pass Climate Legislation?
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The Idol Costume Designer Natasha Newman-Thomas Details the Dark, Twisted Fantasy of the Fashion
- Oil Giants See a Future in Offshore Wind Power. Their Suppliers Are Investing, Too.
- Congress Extends Tax Breaks for Clean Energy — and Carbon Capture
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- DC Young Fly Speaks Out After Partner Jacky Oh’s Death at Age 33
- BP’s Selling Off Its Alaska Oil Assets. The Buyer Has a History of Safety Violations.
- Here's How Tom Brady Intercepts the Noise and Rumors Surrounding His Life
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Florida bill allowing radioactive roads made of potentially cancer-causing mining waste signed by DeSantis
Cameron Boyce Honored by Descendants Co-Stars at Benefit Almost 4 Years After His Death
Midwest Flooding Exposes Another Oil Pipeline Risk — on Keystone XL’s Route
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Florida bill allowing radioactive roads made of potentially cancer-causing mining waste signed by DeSantis
This $20 Amazon Top Is the Perfect Addition to Any Wardrobe, According to Reviewers
Arnold Schwarzenegger Recalls Moment He Told Maria Shriver He Fathered a Child With Housekeeper