Stashing cash finally pays off as savings interest rates rise from rock bottom in wake of Fed hikes - CNBC


6/24/2022 12:00:00 AM3 years 8 months ago
by Jessica Dickler

Soaring inflation, which pushed the Fed into hiking its benchmark rate, is finally having an effect on the return savers stand to get on their money

There's a silver lining to higher interest rates: Stashing some cash finally pays. Soaring inflation, which pushed the Federal Reserve into hiking its benchmark rate, is having an effect on the retu… [+2577 chars]

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