WSJ Your Money Matters

Why Interest on Your Savings Probably Won't Go Up Anytime Soon


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An interest-rate hike by the Federal Reserve typically means that a boost in interest on savings isn't far behind. But even if the Fed raises rates next month as expected, banks aren't likely to lift interest on savings. WSJ banking reporter Orla McCaffrey joins host J.R. Whalen to explain why.

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WSJ Your Money MattersBy WSJ Your Money Matters