Paypath

The Federal Funds Rate and How It Affects You

Dec 28 | 2020

The Federal Reserve sets the guardrails for the federal funds rate, and through that helps control the money supply for the nation.
"Federal Reserve Building in Washington D.C. - Illustration" by DonkeyHotey is licensed under CC BY 2.0

When you take out a loan for a car, charge something to your credit card, or get a personal line of credit, there is going to be an interest rate that applies to your loan. A lot of different factors go into what you will be charged, including your personal credit score. But even those

banks

How much can the president really affect the national economy?

Sep 29 | 2017

By Lauren Aguirre Often the health and vitality of the economy is used as a measure of a president’s success. If the economy is healthy, the president is doing a good job. If it’s not, then there are some things to work on. Many people will blame the state of the economy on the current

economy

federal government