Interest rates at banks are an insult

Interest rates at banks are an insult

Upworthy

Published

Federal Reserve Chairman Jerome Powell has hiked interest rates again, to 5%, the highest they’ve been in almost a generation. But you wouldn’t know it to look at the interest rates being offered on a typical bank account. Read: ‘Very unclear’: Powell’s press conference provided more questions…

#federalreserve #jeromepowell #certificateofdeposit #fdic #federalreserves #srinivasan

Full Article