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Will a Fed interest rate hike mean more interest in your savings account?
Having said that, interest rates paid on deposit accounts tend to move in the same direction as the Federal Funds Rate. That is, when the Fed raises rates, savings rates tend to rise as well. When the Fed cuts rates, the opposite is generally true. It ...
Here's Why Your Bank Account Interest Rate Won't Go Up Even If the Fed Raises RatesMotley Fool
Will a Federal Reserve Interest Rate Hike Mean Higher Savings Account Interest?Madison.com

all 1,767 news articles »


Fed interest rate hike: Effects on credit cards, mortgages, savings
How the Fed's rate hike will affect interest rates for consumers and across the economy.

and more »

The Week Magazine

The American savings crisis, explained
The Week Magazine
Since the 1970s, our personal savings rate has fallen from 12 percent to just 3 percent today. Almost half of all households don't have enough money socked away to meet a $400 emergency. At least one-third of Americans live paycheck to paycheck. It's ...


Banks That Offer 7% On Your Savings, Higher On FDs
Mainstream banks such as SBI (State Bank of India) offer an interest rate which is as little as 3.5 per cent (for deposits below Rs. 1 crore), but it rises to something around 6.25 per cent in case of fixed deposits (FD) for a year-long period ...

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Suze Orman: Most people miss out on a simple way to save up to $100000 on a home
On a $250,000 loan, paying 4.3 percent for 30 years amounts to $195,000 in interest, according to Orman, while 15 years at 3.5 percent comes out to only $72,000. That's more than $100,000 in savings. The shorter term loan amounts to huge savings when ...

Another Year, The Same Old Rate Paralysis | Seeking Alpha
Seeking Alpha
Long-term interest rates remain stuck in a range that has defined the last six years. Russ discusses why 2018 may see more of the same. The English translation of déjà vu is "already seen". This is probably as good of a description of the U.S. bond ...

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Wise Bread

The US Savings Rate Has Tanked — Here's Why That Matters
Wise Bread
Are you stashing away fewer dollars in your retirement or savings accounts? You're not alone. The U.S. Bureau of Economic Analysis reported that Americans are saving less money today than they have at anytime since 2007. The bureau reported that the U ...

New York Post

Will the bank stop stiffing me on my savings account rate?
New York Post
Dear John: I have a substantial savings/checking account at JPMorgan Chase. I am confused by the rule that more than six transactions can be charged a fee, including savings moved into my checking account. If you have $15,000 in the bank the fees would ...

When it comes to savings, Huron ranks well
Huron Daily Tribune
HURON COUNTY — According to a recent study, Huron County has one of the top savings rates in the state. But that doesn't necessarily mean area residents are socking away money at a financially healthy rate. A study by financial technology company ...

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