05Oct 2022 by geekshelp
How does FED (Federal funds rate) affecting global current economy

How does FED (Federal funds rate) affecting global current economy

Business, Finance
The Federal Reserve sets the federal funds rate, which is the interest rate banks charge each other for overnight loans. This rate influences other interest rates, such as prime and mortgage rates. The Federal Reserve uses the federal funds rate to influence overall economic growth and inflation. In this blog post, we'll discuss how the Federal Reserve's actions can affect the economy in the short-term and long term. We'll also look at some scenarios that could play out depending on what the Federal Reserve does with interest rates. What is the Federal Funds Rate? The interest rate that banks charge each other for overnight loans is called the Federal Funds Rate. The rate is set by the Federal Reserve, and it is used to influence the overall level of interest…
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01Oct 2022 by geekshelp
How current global economy affecting current currency values in 2022

How current global economy affecting current currency values in 2022

Business
The global economy is always changing and evolving. This can be due to different political policies, trade agreements, or even natural disasters. All of these things can affect currency values. Let's take a look at how the current global economy is affecting currency values and what we can expect in the future. What is the global economy? The global economy is a network of countries and businesses that interact with each other to produce and trade goods and services. The global economy has been gradually shrinking since the late 2000s, due to several factors including economic recession, growing debt, and political instability. As a result, the value of many currencies around the world has decreased significantly. The euro has seen the biggest decline in value, losing more than 50% of…
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