It seems that the pendulum has swung towards the euro. Now, with the Americans, things will get worse, and in Europe with their debts, things will be "better".
The Fed's main discount rate is the federal funds rate. This is the interest rate at which banks place free funds held in accounts at the Fed with other banks on overnight loans. The Fed monitors the federal funds interest rate through government securities transactions. The decision to change the interest rate is made by the Financial Markets Committee, which is part of the Fed, on the basis of which commercial banks set their interest rates on loans and deposits. High rates reduce the growth rate of consumer lending and stimulate savings growth, resulting in slower economic growth. An increase in rates usually leads to an increase in capital inflows to the country and the growth of the national currency in the medium term, but if the rate increase is not based on high rates of economic growth, it can lead to stagnation of the economy and a negative impact on the currency markets in the long term. In addition to the discount rate, unconventional monetary policy measures could also be adopted at the Open Market Committee meeting. In particular, the Fed is currently conducting "twist" operations (portfolio adjustment) as part of the US economic stimulus process; previously, the Fed conducted a quantitative easing programme (buying financial assets to inject a certain amount of money into the economy). Together with the rate decision, the Federal Open Market Committee also publishes an accompanying statement. This statement provides an analysis of the current economic situation as well as an assessment of the outlook for economic growth.
I've been doing it the old-fashioned way on the Euros :)))) It's a pity I didn't have time to go on sale, or rather to buy some, but I wanted to buy some..... Well, that's OK, I jumped on the train..... So wait for the sale to be over. :)))
Yep, one has closed the other not yet.
It seems that the pendulum has swung towards the euro. Now, with the Americans, things will get worse, and in Europe with their debts, things will be "better".
Oh,by the way,why all the interest in the euchre???? Emodette, you're holding up the buy, aren't you?
please tell me. this is the lending rate????