Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation
Why Your Cash Is Losing Value Faster Than You Think
On this episode of Inflation and Your Money with Fexingo, Lucas and Luna break down the hidden costs of holding cash in the current rate environment. With the effective Fed funds rate at 3.63 percent but the 10-year breakeven inflation rate at 2.36 percent, the real return on cash is barely positive – and that's before you factor in the taxes you'll owe on interest earnings. The hosts dig into why bank savings accounts still pay well below the Fed funds rate, how the Treasury's I Bond program has become a forgotten inflation fighter, and why even a simple high-yield savings…
The skinny
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