Interest Rates Pre

Front

Which group plays a pivotal role in setting interest rates in the U.S.?

Back

The Federal Reserve

Front

Interest rate changes can affect all of the following, except for the: cost of home mortgages, cost of credit card debt, earnings from savings accounts, salary you are paid at your job

Back

salary you are paid at your job

Front

What is a benefit of the Federal Reserve setting high interest rates?

Back

It increases the interest you earn on savings.

Front

True or False? You'll get lower interest rates on private student loans compared to Federal student loans.

Back

False

Front

Why do experts often recommend buying certified pre-owned cars instead of new cars?

Back

The interest fees over time are generally lower.