Segments From This Episode

• Higher interest rates should mean more money for savers — but switching banks can be a hassle

  by Matt Levin

  

  The average yield for a savings account is under 1%. Depositors, however, don’t always take the opportunity to get more.

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• FHLB: The banking backstop you’ve never heard of

  by Nancy Marshall-Genzer

  

  The Federal Home Loan Bank system was created during the Great Depression to boost mortgage lending and absorb shocks for banks under stress.

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• The Federal Reserve’s Beige Book adds color to economic data

  by Elizabeth Trovall

  

  The influential update, also known as the Summary of Commentary on Current Economic Conditions, comes out Wednesday.

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• The Battle of Newburgh

  From Marketplace’s podcast “The Uncertain Hour,” Producer Peter Balonon-Rosen explores a controversial 1960s battle over race and welfare policy in New York state that laid the groundwork for today’s federal welfare policies.

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