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You are here: Home / Money Management / Interest Rates / Federal Reserve Keeps Interest Rates The Same

Federal Reserve Keeps Interest Rates The Same

June 25, 2008 By Sherry Tingley

interest rateDirectly from: Bank Rate

Short-term interest rates remain unchanged as honchos in the Federal Reserve try to figure out which is the greater danger: inflation or recession.

After reading this article I wondered what I have missed in my basic education. Do you have to take a class in interpretting what this means in our lives? It seems the economy and anything that affects it is so far beyond the individual consumers control that it is down right depressing.

My question to you, the reader is:

“What can we as consumers do to help the economy turn around and start looking hopeful again?”

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Filed Under: Interest Rates Tagged With: economy, federal reserve, Interest Rates

About Sherry Tingley

Sherry Tingley, a graduate of Brigham Young University, mother of two and an entrepreneur developed Coolchecks.net in 2007. Her site offers customers an easy way to choose checks from multiple merchant websites, giving them access to over 19,000 checking account products. She developed a personal finance blog to help others succeed in managing their personal finances and to help people take the steps necessary to start their own businesses.

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Comments

  1. Nicki says

    June 25, 2008 at 4:05 pm

    I think the Federal Reserve play games with us, but the end result is always the same: they win and we loose. Personally, I think the economy is out of our hands. Government is big business and corrupted. It is nothing like our founding fathers intended.

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