Write For Us

Why Your Bank’s Savings Rate Isn’t Increasing With the Fed’s | WSJ

Sponsored Post Vitamin D2 Canada Persia
54 Views
Published
The Federal Reserve’s interest rate continues to climb, reaching nearly 4% in November. But the average savings account’s interest rate is just 0.16%. Here’s how banks determine that rate — and which accounts are paying closer to the Fed’s.

Illustration: Adele Morgan

#Fed #InterestRates #WSJ
Category
Television
Tags
bank savings rate, fed rates, fed rate hike
Sign in or sign up to post comments.
Be the first to comment