Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

U.S. savers kicked off May facing a sharper dilemma—stick with barely-yielding bank accounts, or shift funds while short-term rates hold up. The Federal Reserve kept its policy rate steady at 3.50% to 3.75% this week. Meanwhile, prices in March increased 3.5% year-over-year on the Fed’s preferred inflation metric.