Savers may not be getting the full benefits of rising interest rates

Summary

At a time when inflation is tightening household budgets, savers who are managing to sock away a few extra dollars may not be getting the full benefits of rising interest rates. Figures show there's hundreds of billions of dollars sitting in transaction and savings accounts earning little to no interest, meaning consumers are missing out on a chance to grow their savings. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/topic/interest-rates Note

Description from ABC News (Australia).