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Keeping low interest rates

Video Credit: KTNV Channel 13 Las Vegas - Duration: 00:21s - Published
Keeping low interest rates

Keeping low interest rates

The Federal Reserve wants to encourage more people to borrow money.

The agency could grant a year's-long extension on some of its lowest interest rates.

MONEY.THE AGAENCY COULD GRANT AYEARS- LONG EXTENSION ON SOMEOF ITS LOWEST EVER INTERESTRATES.THIS COMES AS AT LEAST 20STATES HAVE EITHER PAUSED ORREVERSED REOPENING PLANS.THE NEAR-ZERO RATE WOULD BE FORSHORT TERM BORROWERS....BUT THE CENTRAL BANK IS ALSOEXPECTED TO KEEP ITS LONG TERMRATES LOW AS WELL.LATTE-V




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