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Here's your money briefing for Tuesday, August 1.

I'm JR Whalen for the Wall Street Journal.

The Federal Reserve has been steadily raising interest rates for the past 18 months.

That's created an opportunity for savers to take advantage of higher interest paid on

money they've put away.

It makes it a lot more lucrative to keep your money in one place or a couple of places.

And that includes CDs, high yield savings accounts, bonds, things like that.

We'll talk to Wall Street Journal, Personal Finance Reporter Oyan Edadoyan after the break.

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Where should savers put their money now that the Federal Reserve has raised interest rates

to their highest level in 22 years?

Wall Street Journal Personal Finance Reporter Oyan Edadoyan joins me.

So Oyan, first of all, take us behind the scenes for a moment.

...