Current:Home > MarketsThe Fed has been raising interest rates. Why then are savings interest rates low? -Edge Finance Strategies
The Fed has been raising interest rates. Why then are savings interest rates low?
EchoSense Quantitative Think Tank Center View
Date:2025-04-09 16:41:14
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! (36)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Rudy Giuliani disbarred in DC after pushing Trump’s false 2020 election claims
- Zelenskyy is visiting the White House as a partisan divide grows over Ukraine war
- A Black student punished for his hairstyle wants to return to the Texas school he left
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Local officials in upstate New York acquitted after ballot fraud trial
- Hoda Kotb announces 'Today' show exit in emotional message: 'Time for me to turn the page'
- 'Megalopolis' review: Francis Ford Coppola's latest is too weird for words
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- What is Galaxy Gas? New 'whippets' trend with nitrous oxide products sparks concerns
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Halsey Hospitalized After Very Scary Seizure
- MLB blows up NL playoff race by postponing Mets vs. Braves series due to Hurricane Helene
- Cardi B Calls Out Estranged Husband Offset as He Accuses Her of Cheating While Pregnant
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A Coal Miner Died Early Wednesday at an Alabama Mine With Dozens of Recent Safety Citations
- Northern lights forecast: Aurora borealis may appear in multiple US states, NOAA says
- 'Nobody Wants This' review: Kristen Bell, Adam Brody are electric and sexy
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Federal lawsuit challenging mask ban in suburban New York county dismissed
Detroit judge who put teen in handcuffs during field trip is demoted to speeding tickets
Mark your calendars: 3 Social Security COLA dates to know for 2025
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Florida power outage map: Track outages as Hurricane Helene approaches from Gulf of Mexico
Judge weighs whether to dismiss movie armorer’s conviction in fatal set shooting by Alec Baldwin
Georgia court rejects counting presidential votes for Cornel West and Claudia De la Cruz