While you may know that interest rates can affect your financial life, what you might not realize is how they impact the economy. Interest rates have been around as long as there has been money, which is why they’re called “interest rates.”
So if you want to know a little bit about history’s interest rates — and how they’re affected by inflation, bond prices and other factors — then this episode will be interesting for you.
In this episode, you will discover…
- What are some of the effects of interest rates?
- Federal fund rate in the 1980s vs. today
- Deep dive into the treasury rate and bond
Resources Mentioned in this Podcast:
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