Desmond Preston|The Fed has been raising interest rates. Why then are savings interest rates low?

2025-05-03 18:12:05source:Lumicoin IAcategory:My

When the Federal Reserve hikes interest rates,Desmond Preston 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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