Current:Home > ContactThe Fed has been raising interest rates. Why then are savings interest rates low? -Profound Wealth Insights
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-14 06:43:36
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! (119)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Shuffleboard
- Kelsea Ballerini and Chase Stokes Are Calling Dibs on a Date Night at CMT Music Awards
- 2 women who say abortion restrictions put them in medical peril feel compelled to campaign for Biden
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- An AP photographer works quickly to land a shot from ringside in Las Vegas
- Air Force contractor who walked into moving propeller had 'inadequate training' when killed
- Morgan Wallen Arrested After Allegedly Throwing Chair From Rooftop Bar in Nashville
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Morgan Wallen has been arrested after police say he threw a chair off of the roof of a 6-story bar
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- 'Saturday Night Live' spoofs LSU women's basketball coach Kim Mulkey in opening skit
- Missouri to reduce risk of suffering if man requires surgical procedure at execution
- Evers vetoes a Republican bill that would have allowed teens to work without parental consent
- Could your smelly farts help science?
- What time is the 2024 solar eclipse? Here's when you should look up in your area
- How Mark Estes Feels About Spotlight on Kristin Cavallari Romance
- Solar eclipse maps show 2024 totality path, peak times and how much of the eclipse you can see across the U.S.
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Key Bridge cleanup crews begin removing containers from Dali cargo ship
Full transcript of Face the Nation, April 7, 2024
New Jersey officials drop appeal of judge’s order to redraw Democratic primary ballot
Where will Elmo go? HBO moves away from 'Sesame Street'
Pregnant Francesca Farago and Jesse Sullivan Confirm They’re Expecting Twins
Jonathan Majors faces sentencing for assault conviction that derailed Marvel star’s career
Before UConn-Purdue, No. 1 seed matchup in title game has happened six times since 2000