Rising interest rates offer considerable opportunities for savers

The Federal Reserve’s ongoing fight against inflation offers individuals a timely opportunity to consider their savings options. Often, the tendency is to wait until interest rates hit their peak, but the time to start saving is now. “With short-term interest rates affecting everything from how much your savings earn to how much you pay to borrow money, rate hikes can change how you approach your financial goals,” said Melanie Glassman, Director of Relationship Banking in Kansas City for...