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S1E47 - This Month In The Apocalypse with Margaret, Brooke, and Casandra

Live Like the World is Dying

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What's the Federal Reserve Interest Rate?

i had asked about yat interest rates. The last time they were this i was 19 94. And theoretically, their hiking up interest s to help deal with inflation, which doesn't make sense to me. So you're a bank, and you are legally required to have a certain amount of your cash saved at the federal reserve. They've raised that interest rate. That's the one that you've heard about in ji higher than it's been since 19 84. Goin to get their interest, mean, everything safe over there, or to loan, you know, you a consumer money, and gain interest from you.

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