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Interest rates up, but not on your savings account

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Dec 21, 2022
Episode Duration |: 00:09:06

When the Fed hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up. We ask an economist and a community banker why.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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