Current:Home > MyThe Fed has been raising interest rates. Why then are savings interest rates low? -Quantum Capital Pro
The Fed has been raising interest rates. Why then are savings interest rates low?
View
Date:2025-04-17 17:27:18
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! (541)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- What to watch and read this weekend from Zendaya's 'Challengers' movie to new Emily Henry
- TikTok could soon be sold. Here's how much it's worth and who could buy it.
- At least 17 people died in Florida after medics injected sedatives during encounters with police
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Body identified as missing man in case that drew attention because officer was charged
- NFL draft picks 2024: Tracker, analysis for every selection in first round
- A ban in Kansas on gender-affirming care also would bar advocacy for kids’ social transitions
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- They say don’t leave valuables in parked cars in San Francisco. Rep. Adam Schiff didn’t listen
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- A New Federal Tool Could Help Cities Prepare for Scorching Summer Heat
- Elisabeth Moss reveals she broke her back on set, kept filming her new FX show ‘The Veil'
- Body believed to be that of trucker missing for 5 months found in Iowa farm field, but death remains a mystery
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Authorities investigating law enforcement shooting in Memphis
- Jon Gosselin Reveals How He Knows Girlfriend Stephanie Lebo Is the One
- TikTok could soon be sold. Here's how much it's worth and who could buy it.
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
Amazon Ring customers getting $5.6 million in refunds, FTC says
Ex-Nebraska deputy is indicted in connection with fatal highway shooting
Atlanta Falcons make surprise pick of QB Michael Penix Jr. at No. 8 in 2024 NFL draft
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Summer House Star Paige DeSorbo Uses This $10 Primer to Lock Her Makeup in Place
Ex-Nebraska deputy is indicted in connection with fatal highway shooting
A spacecraft captured images of spiders on the surface of Mars. Here's what they really are.