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Savings account interest rates buffer the sting of inflation

Savings account interest rates buffer the sting of inflation

1 big thing

November 21, 202211m 47s

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Show Notes

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 [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

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