Current:Home > MarketsEthermac Exchange-The Fed has been raising interest rates. Why then are savings interest rates low? -Ascend Finance Compass

Ethermac Exchange-The Fed has been raising interest rates. Why then are savings interest rates low?

Poinbank Exchange ​​​​​​​View Date:2025-04-07 11:29:45

When the Federal Reserve hikes interest rates,Ethermac Exchange 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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