Faculty News
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Professor Alexi Savov's research on the relationship between interest rates and savings is referenced
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![Equities.com logo Equities.com logo](/sites/default/files/styles/192w_x_144h/public/assets/images/equities192x144.jpg?h=cd55d432&itok=JAn-46h_)
Excerpt from Equities.com -- "[Savov] finds that for every 1.00% increase in interest rates, the rate banks pay on a typical savings deposit rises by just 0.34%. So, even a 2.00% increase in rates would translate into a relatively paltry 0.68% bump in what consumers would receive from the bank."
Faculty News
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![Equities.com logo Equities.com logo](/sites/default/files/styles/192w_x_144h/public/assets/images/equities192x144.jpg?h=cd55d432&itok=JAn-46h_)
Excerpt from Equities.com -- "[Savov] finds that for every 1.00% increase in interest rates, the rate banks pay on a typical savings deposit rises by just 0.34%. So, even a 2.00% increase in rates would translate into a relatively paltry 0.68% bump in what consumers would receive from the bank."