Despite inflation concerns, most middle-income Americans still aren’t leveraging higher interest rates for savings. Here’s what to know.
Despite inflation concerns, most middle-income Americans still aren't leveraging higher interest rates for savings.
But a lack of awareness isn't the main reason why Americans aren't taking advantage of higher rates, according to the survey. The top reason for not moving funds — applying to some 37% of respondents — was because they either don't have any savings or don't have enough to"make it worthwhile."
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