Wvared Investment Guild-The Fed has been raising interest rates. Why then are savings interest rates low?

2025-05-03 21:03:18source:FinLogiccategory:Markets

When the Federal Reserve hikes interest rates,Wvared Investment Guild 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

This week on "Sunday Morning" (December 15)

The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m.

Former Wisconsin prosecutor sentenced for secretly recording sexual encounters

MADISON, Wis. (AP) — A judge sentenced a former Wisconsin prosecutor to 18 months in prison Monday f

China Provided Abundant Snow for the Winter Olympics, but at What Cost to the Environment?

The Beijing 2022 Olympics wrap up this weekend, but construction and artificial snow use in the alpi