Current:Home > NewsThe Fed has been raising interest rates. Why then are savings interest rates low? -VisionFunds
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-13 11:48:23
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! (291)
Related
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Wall Street wore Birkenstocks as the sandal-maker debuted on the Stock Exchange
- Jeannie Mai Shares Message About Healing After Jeezy Divorce Filing
- NATO will hold a major nuclear exercise next week as Russia plans to pull out of a test ban treaty
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Federal judge won’t block suspension of right to carry guns in some New Mexico parks, playgrounds
- Florida law targeting drag shows can’t be enforced for now, appellate court says
- Taylor Swift Embraces a New Romantic Style at Eras Tour Movie Premiere Red Carpet
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Inside the East vs. West rap rivalry that led to the murders of Tupac and Notorious B.I.G. in 1990s
Ranking
- Intel's stock did something it hasn't done since 2022
- CIA publicly acknowledges 1953 coup it backed in Iran was undemocratic as it revisits ‘Argo’ rescue
- Travis Barker’s Daughter Alabama Feels “Very Misunderstood” After Being Criticized By Trolls
- Early morning storms prompt tornado warnings, damage throughout Florida
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- NTSB chair says new locomotive camera rule is flawed because it excludes freight railroads
- Early morning storms leave path of damage from Tampa Bay into north Florida. No injuries reported
- Long quest for justice in Jacob Wetterling's kidnapping case explored on '20/20'
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Chrishell Stause Is Confronted By Jason Oppenheim's Girlfriend in Selling Sunset Season 7 Trailer
GOP-led House panel: White House employee inspected Biden office where classified papers were found over a year earlier than previously known
The trial of 'crypto king' SBF is the Enron scandal for millennials
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Who witnessed Tupac Shakur’s 1996 killing in Las Vegas? Here’s what we know
What to know about the Social Security cost-of-living adjustment
Music festival survivor details escape from Hamas: 'They hunted us for hours'