Current:Home > MarketsThe Fed has been raising interest rates. Why then are savings interest rates low?-LoTradeCoin
The Fed has been raising interest rates. Why then are savings interest rates low?
View Date:2024-12-24 08:04:58
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.)
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