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

2025-05-02 08:53:40source:SCA Communitycategory:Markets

When the Federal Reserve hikes interest rates,PredictIQ 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.)

More:Markets

Recommend

California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel

LOS ANGELES (AP) — The California Department of Motor Vehicles has apologized for an “unacceptable a

'Very clear' or 'narrow and confusing'? Abortion lawsuits highlight confusion over emergency exceptions

A North Dakota judge's recent decision to deny a request blocking part of the state's restrictive ab

The head of a Saudi royal commission has been arrested on corruption charges

DUBAI, United Arab Emirates (AP) — The CEO overseeing Saudi Arabia’s royal commission for its histor