Current:Home > ContactCharles H. Sloan-The Fed has been raising interest rates. Why then are savings interest rates low? -MacroWatch

Charles H. Sloan-The Fed has been raising interest rates. Why then are savings interest rates low?

SafeX Pro Exchange ​​​​​​​View Date:2025-04-11 01:14:04

When the Federal Reserve hikes interest rates,Charles H. Sloan 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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