park cash during fed meeting

The Fed may raise interest rates this week. Here's where you should keep your money if that happens. — Photo by Kampus Produc

Are Your Savings Surviving The Fed's Next Rate Move?

Are Your Savings Surviving The Fed's Next Rate Move? Most Americans are not; a standard checking account yields near-zero returns, so inflation erodes purchasing power faster than the Fed can raise rates. In a rising-rate environment, only accounts that pass on higher yields protect the real value of