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Understanding the Federal Reserve Interest Rate: Impacts and Significance

Understanding the Federal Reserve Interest Rate: Impacts and Significance

The Federal Reserve rate of interest, often referred to as the "Fed Funds Rate," plays a pivotal role in the United States' financial system and influences the broader economy. Managed from the Federal Reserve, the central bank of america, this interest rate impacts various facets of our financial lives, including

  • McGraw Tanner
McGraw Tanner Sep 25, 2023 • 3 min read
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