November 2, 2021 The Prime Interest Rate and How It Affects You The prime rate is one of the main factors banks use to determine interest rates on loans. Other countries have their own… Forex Trading Read More
November 1, 2021 Federal Funds Rate: What It Is, How It’s Determined, and Why It’s Important The law requires that banks must have a minimum reserve level in proportion to their deposits. When a bank has excess reserve… Forex Trading Read More