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The Fed And Interest Rates
Beginning of paper
Dave Pettit of The Wall Street Journal writes a daily column that
appears inside the first page of the journal's Money & Investment section. If
the headlines of Mr. Pettit's daily column are any accurate record of economic
concerns and current issues in the business world, the late weeks of March and
the early weeks of April in 1994 were intensel ....
Middle of paper
....m the price level to
interest rates on credit cards.
Rises and falls in the interest rate can reflect many changes in an
economy. When the economy is in a recession and needs a type of stimulus
package, the Fed may attempt to decrease the interest rates to encourage growth
and spending in the markets. This was the case from 1989 until las.... |
| Word count: 1144 |
Page count: 5 |
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