Current:Home > MyBurley Garcia|The Fed has been raising interest rates. Why then are savings interest rates low? -MoneyBase
Burley Garcia|The Fed has been raising interest rates. Why then are savings interest rates low?
Charles Langston View
Date:2025-04-10 00:33:28
When the Federal Reserve hikes interest rates,Burley Garcia 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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