Current:Home > MyThe Fed has been raising interest rates. Why then are savings interest rates low? -BeyondProfit Compass
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-12 11:40:59
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! (9354)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Lawsuit accuses NCAA of antitrust violation in college athlete transfer rule
- A Jan. 6 rioter praised Vivek Ramaswamy at his sentencing for suggesting riot was an ‘inside job’
- Families press for inspector general investigation of Army reservist who killed 18
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Labor union asks federal regulators to oversee South Carolina workplace safety program
- Food makers focus on Ozempic supplements and side dishes
- What to know about Hanukkah and how it's celebrated around the world
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Derek Hough Shares Wife Hayley Erbert Is in the Hospital After Emergency Surgery on Her Skull
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- NPR's most popular self-help and lifestyle stories of 2023
- Adults can now legally possess and grow marijuana in Ohio — but there’s nowhere to buy it
- The Surprising Reason Meryl Streep Almost Didn't Get Cast in The Devil Wears Prada
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Allies of Russian opposition leader Navalny post billboards asking citizens to vote against Putin
- McDonald's plans to open roughly 10,000 new locations, with 50,000 worldwide by 2027
- Construction of a cable to connect the power grids of Greece and Cyprus is set to start next year
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Investment banks to put $10 billion into projects aimed at interconnecting South America
House panel opening investigation into Harvard, MIT and UPenn after antisemitism hearing
Putin will seek another presidential term in Russia, extending his rule of over two decades
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Remember McDonald's snack wraps? Chain teases a new version − inspired by the McCrispy
Forest Whitaker's ex-wife, actress Keisha Nash, dead at 51: 'Most beautiful woman in the world'
Prince Constantin of Liechtenstein Dies Unexpectedly at 51