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The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?
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wsj.comAmericans are missing out on billions of dollars in interest by keeping their savings at the biggest U.S. banks.
The Federal Reserve has raised interest rates to their highest level since early 2008, just before a near failure of the financial system plunged the American economy into recession. Yet the biggest commercial banks are still paying peanuts to savers.
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