Savers Fed Up with 0% interest

That's 'Fed Up' with both zero level interest rates and 'Fed Up' with the Fed - the Federal Reserve whose hands control the spigots of money flow.  PB
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From Money.CNN.com:

"When you have a bank account with $10,000 to $15,000 and it gets 0% interest, it rubs you the wrong way," says [Dennis] Johnson, who is an accountant living in the Miami-Ft. Lauderdale area.

America's central bank -- the Federal Reserve -- has basically kept rates at 0% since the depths of the financial crisis in 2008.

Hopes that the Fed would raise rates ever so slightly on Thursday were dashed again.

It really upsets savers like Ric Fiano of Savannah, Georgia.

"I look at these banks recording record profits -- billions every quarter -- and they are so miserly they can't even pay 0.5% on a high yield account," says Fiano, 61, who runs a psychology practice.

Fiano and Johnson think it's time the Fed raised interest rates so people who save can earn some money too.

The average return on a savings account in the United States is a mere 0.1%, according to Bankrate.com.

That's a big change from 2006 when savers could get up to a 5% return at the bank...
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Link: http://money.cnn.com/2015/09/18/investing/savings-interest-rate-federal-reserve/index.html