As we navigate through this difficult time in the U.S. economy, a few bright spots emerge. One of those is the fact that interest rates, controlled by the Federal Reserve, are at all-time lows.
This trend, of course, reflects a government policy intended to stimulate the economy and allow businesses and individuals easier access to capital. In fact, government officials have indicated this policy will continue for the foreseeable future.
A near-0% interest loan policy certainly benefits big banks, which can borrow at close to 0% and lend profitably, even (Read more...)
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