There's an upside to rising interest rates, many Americans say

credit card companies already raising rates to 18-20%. Those of us waiting for pending pension funding do not want to see the GATT go up. RisingRatesDoesntMeanBanksWillPayYouMoreInterest

Saving to spend the money at higher rates? Sooo happpyyyyyyy

No, not when the stock market goes down. My assets aren’t in the bank.

The article is a joke. No way a 'majority of investors' want rising rates. Get 1/2 percent more for their savings in exchange for a crash in the S&P?

Who are you kidding no one is smiling! Fake news!

Oh yes, that 2% savings account is a WINNER now!

Well big Ben destroyed a decade of savers

You mean Cash. Those that have savings and a typical broker will see the value of their bonds or CDs fall and any stocks fall a lot.

I rather make money innyhe stock market.

You are right. Should have started raising rates 8 years ago

High yield savings used to be under 1 percent, now just over 2. Yes that's better but not when it's on a taxable account. Also when that means the cost to finance any large purchase goes up? No more zero car loans. So I suppose if people celebrate 2 percent like that, ok.

Smile on savings accounts, frown on stock holdings

At best a small smile....deposit rates are still very low. Banks are also slow to raise.

These news media channels were so fake all these years.

Ummmm this is total FakeNews

What..

What a crock of bs. I swear the rich have no freakin' clue how the MAJORITY of the country lives. Savings? How many Federal employees had to go to food banks? You rich people have no clue what it's like living paycheck to paycheck. Interest rate hikes are hurting us. Bankrate

No...a massive portion of household networth is in equities, which goes down.

no they're not. the average person 'with savings' couldn't tell you when the next Fed meeting is if their life depended on it. what they can tell you, though, is that stocks just had the worst December since the Great Depression.

Most Americans aren't millionaires benefiting from FAKE MIDDLE CLASS TAX CUT. Interest earnings nothing compared to big present he gave to wealthy friends, corporations, businesses etc. who reap more than average middle class working people! Forget supply/demand; living costs UP

Fake News from NBC FakeNews

As interest rates go up, stocks go down. No president likes raising the rates as it slows the economy.

Fed needs to hike at these low levels

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