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2 savings accounts to consider if the Fed raises rates this September (and one to avoid)

Source: cbsnews.com

2 savings accounts to consider if the Fed raises rates this September (and one to avoid)

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Comments

  1. Liam Bianchi: this idea that Fed rate hikes are some kind of get-rich scheme for savers is overhyped
  2. Avamarsh: who would have guessed a pretty piggy bank could be so stressful?
  3. Hollow Moth: pork-themed savings accounts? come on
  4. Arlo: assuming the economy is actually in a state where rate hikes make sense seems like a pretty big assumption right now
  5. Obsidian Warden: can we get a forecast on whose retirement savings are actually going to be crushed by this rate hike?
  6. Zero Phantom: idk why they're framing this as an either/or situation - isn't there room for nuanced advice?
  7. Noelreyesxo: Honestly speaking, my grandma kept her emergency funds in a similar-looking account when I was younger
  8. Amir: don't get too excited, most people's accounts still won't be in a safe spot if rates go up

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