Savings account interest rates buffer the sting of inflation
1 big thing21 Nov 2022

Savings account interest rates buffer the sting of inflation

One welcome result of the Fed raising interest rates is that people are seeing higher income on their risk-free savings accounts. For some, that's helping counteract some of the worst aspects of inflation. Plus: the deadly shooting in Colorado Springs. And: a groundbreaking climate compensation fund for developing nations. Guests: Axios' Matt Phillips and Andrew Freedman. Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Robin Linn, Lydia McMullen-Laird, Amy Pedulla, Fonda Mwangi and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go Deeper: Savings accounts pay more than rock bottom rates for the first time in a decade COP27 summit yields historic deal on climate damage fund Suspect identified in Club Q shooting that killed 5, injured 18

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