Motley Fool Money

Managing Cash Amid High Inflation

05.20.2023 - By The Motley FoolPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The Federal Reserve has raised interest rates 10 times since 2022. But you probably wouldn’t notice those hikes in a traditional savings account. Dylan Lewis caught up with Robert Brokamp to discuss: - How banks benefit from your inertia, and how that costs you - Ideas for managing cash for the next few weeks, months, and years - Money market funds paying more than 4%, and the caveats to understand before utilizing those accounts - Who can benefit from I Bonds and less-liquid savings vehicles Website mentioned: https://www.fool.com/the-ascent/ Host: Dylan Lewis Guest: Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from Motley Fool Money