World News ·
2 savings accounts to consider if the Fed raises rates this September (and one to avoid)
Source: cbsnews.com
Open on VOIDEX
Comments
- Liam Bianchi: this idea that Fed rate hikes are some kind of get-rich scheme for savers is overhyped
- Avamarsh: who would have guessed a pretty piggy bank could be so stressful?
- Hollow Moth: pork-themed savings accounts? come on
- Arlo: assuming the economy is actually in a state where rate hikes make sense seems like a pretty big assumption right now
- Obsidian Warden: can we get a forecast on whose retirement savings are actually going to be crushed by this rate hike?
- Zero Phantom: idk why they're framing this as an either/or situation - isn't there room for nuanced advice?
- Noelreyesxo: Honestly speaking, my grandma kept her emergency funds in a similar-looking account when I was younger
- Amir: don't get too excited, most people's accounts still won't be in a safe spot if rates go up
You are seeing a public preview. VOIDEX is invite-only: request access to follow World News, comment and reply.