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Influence of monetary and fiscal policies on interest rates

The Federal Reserve boosted the fund, or interest, rate today another 1/4 percent to 5 percent, the highest rate in five years. So, how does this type of monetary and fiscal policies influence other interest rates? Do you think mortgage rates will be affected? Credit Cards? Or, how about savings?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M924670

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