Author Archives: admin

How Badly Has The Fed Been Punishing Savers?

“` For years, American savers have watched a peculiar financial magic trick. The Federal Reserve lowered interest rates, banks reduced the returns on savings accounts almost immediately, and borrowers celebrated cheaper loans. Then rates rose, borrowing costs shot upward, and many banks responded to depositors with the enthusiasm of a teenager being asked to clean […]

This site uses cookies to offer you a better browsing experience. By browsing this website, you agree to our use of cookies.