The Fed just raised rates. Why didn't your bank?

Two neighbors keep the same $10,000 emergency fund. A year later, one bank paid $37 in interest and the other paid $400, while prices rose 3.7%. Here's why prices are climbing, what the Fed's first rate hike since 2023 actually does, and where your safety money should live. Chapters 0:00 Two neighbors, same $10,000 1:00 Why prices went up 2:41 What the Fed actually does 5:04 The one-year race 8:32 Before the next meeting 10:06 One evening, one transfer What's your savings account paying right now? Drop just the rate in the comments. No balances, just the rate. Sources (as of October 2026) Inflation 3.7% over 12 months to September: U.S. Bureau of Labor Statistics, CPI Fed funds rate 3.75%-4.00%, raised September 16: Federal Reserve National average savings rate 0.37%: FDIC Average credit card rate about 22%: Federal Reserve Average 30-year mortgage 7.4%: Freddie Mac Deposit insurance up to $250,000 per depositor, per bank: FDIC and NCUA Mae and Theo's balances are examples and are labeled on screen. This video is for education only, not personal financial advice. Nothing But Net Worth. Money made clear.