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Why Banks Just Don’t Want Your Money

For years, people have been making next to nothing in interest on their savings accounts. If they think that’s going to change now that the Fed is raising its interest rates, they’re going to be very disappointed. Banks are raising the rates they charge on loans in response to the Fed. But they largely are not moving the rates they pay on savings accounts. more info: http://www.marketplace.org/2015/12/17/world/why-banks-just-don%E2%80%99t-want-your-money #FullNe

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