Americans are saving less. That might actually be a sign of economic strength.
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As the Federal Reserve opted against cutting interest rates and kept them consistent at 5.25 percent to 5.5 percent, Americans' saving accounts are growing at unprecedented levels.The Fed has levied one of the highest interest rates in more than a decade as inflation remains stubborn. But one side effect of the rates is that Americans' bank account money is soaring in savings interest.: Compare the Best High-Yield Savings Accounts to Grow Your SavingsSavers last year made $315.4 billion in...