|
John Fielding,
CEO
|
It was truly brilliant if the Federal Reserve anticipated the fall in long term interest rates by not lowering the short term lending rates at their last meeting.
Ten interest rate cuts by the Federal Reserve Board have not produced much growth in consumer demand.
Discount rate The interest rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds.
|
|
Brian Mengel,
Civil Servant
|
Interest rates at banks for savings accounts, certificates of deposit, and various types of loans are tied to actions the Federal Reserve makes on monetary policy.
Short term interest rates remain near a 40 year low thanks to the efforts of the Federal Reserve to influence an economic recovery through its monetary policy tools.
Interest Rates The interest rate for the consolidation loan is set according to Federal law.
|
|
Bob Greenberg,
Congressional Candidate
|
Federal Reserve policies which have sustained low inflation and low interest rates will continue to be supported by both federal and state budget surpluses.
Today, interest rates are governed solely by the financial markets and by Federal Reserve Board action, neither of which can be predicted with absolute certainty.
|
|
|
