Retirees to take hit

Title: The 0% Solution: Fed Strands Bank Savers, Retirees

Article Snip: "...Left out of the party once again are bank savers and U.S. retirees who live on fixed incomes, who once again lose out in the game of monetary musical chairs as low rates eat into their income -- just as they're paying more for critical commodities such as oil, gas, and groceries...."

Reference: www.thestreet.com