Savings Interest Rates Tank While Bank Risk Piles Up

Savings Interest Rates Tank While Bank Risk Piles Up

Jan 13, 2021 | Economic Collapse

Never have Americans saved so much money and earned so little on it. For those stashing cash, the average savings account rate is down to just 0.05%, or even less, at some of the largest retail banks, according to the Federal Deposit Insurance Corp. Rates have fallen...