Interest rates affect the mortgage, credit card and savings rates for millions of people. An interest rate tells you how much it costs to borrow money, or the reward for saving it. The Bank of ...
Zacks Investment Research on MSN8d
Fed Keeps Rates Steady, Ups Inflation Target: How are Banks Affected?For the second time in a row, the Federal Reserve kept the interest rates unchanged. The Fed funds rates remain at 4.25-4.5%.
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