Current:Home > InvestThe Fed has been raising interest rates. Why then are savings interest rates low? -Wealth Momentum Network
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-19 04:39:44
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! (63981)
Related
- A South Texas lawmaker’s 15
- 'Survivor' season 46: Who was voted off and why was there a Taylor Swift, Metallica battle
- Investigators say tenant garage below collapsed Florida condo tower had many faulty support columns
- March Madness bubble watch: Could St. John's really make the NCAA men's tournament?
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Timberwolves forward Karl-Anthony Towns out indefinitely with torn meniscus, per report
- Lawyers say a trooper charged at a Philadelphia LGBTQ+ leader as she recorded the traffic stop
- Jersey Shore’s Mike “The Situation” Sorrentino and Wife Lauren Sorrentino Welcome Baby No. 3
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Tennessee lawmakers advance bill to undo Memphis’ traffic stop reforms after Tyre Nichols death
Ranking
- A South Texas lawmaker’s 15
- WWE Alum and Congressional Candidate Daniel Rodimer Accused of Murder by Las Vegas Police
- Customers blast Five Guys prices after receipt goes viral. Here's how much items cost.
- Inter Miami vs. Nashville SC in Champions Cup: Will Messi play? Live updates, how to watch.
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Jake Paul will fight Mike Tyson at 80,000-seat AT&T Stadium, home of the Dallas Cowboys
- Ground cinnamon sold at discount retailers contaminated with lead, FDA urges recall
- Pamela Anderson says this change since her Playboy days influenced makeup-free look
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
5 Most Searched Retinol Questions Answered by a Dermatologist
U.S. tops Canada in penalty shootout to reach Women's Gold Cup final
A small earthquake and ‘Moodus Noises’ are nothing new for one Connecticut town
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Revolve’s 1 Day Sale Has Rare Deals on Top Brands- Free People, For Love & Lemons, Superdown & More
New Jersey officials admit error at end of Camden-Manasquan hoops semifinal; result stands
What was the average 401(k) match in 2023?