Should you lock into a fixed-rate savings account paying 5.25%?

Fixed-rate savings accounts are offering some of the highest returns in years, with rates now reaching up to 5.25%. This is a significant development for savers who are looking to earn interest on their money. The question now is whether to lock into these deals, which are likely to remain attractive for a while, or wait in the hope that rates continue to rise.

Why it matters

Savers can now get high returns on their savings, with fixed-rate accounts offering 5. 25%.

Market impact

Transmission channels

Likely winners & losers

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