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Inflation and low interest rates are gutting America’s savings accounts

Por: The Hill Business January 14, 2023

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Since 2008, due to the combination of , savers at banks and credit unions have watched the real value of their savings erode at the rate of about 2 percent a year, 26 percent over the last 13 years, per my calculations.  Now, amidst the fog of war on inflation, there appears a ray of hope: Interest rates on Treasurys and some brokered CDs are now in the range of , higher than they have been in 13 years.  , savers are watching their... + full article



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