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    Influence of monetary and fiscal policies on interest rates

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    The Federal Reserve boosted the fund, or interest, rate today another 1/4 percent to 5 percent, the highest rate in five years. So, how does this type of monetary and fiscal policies influence other interest rates? Do you think mortgage rates will be affected? Credit Cards? Or, how about savings??? Thoughts......

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    The Federal Reserve controls the three tools of monetary policy--open market operations, the discount rate, and reserve requirements. The term "monetary policy" refers to the actions undertaken by a central bank, such as the ...

    Solution Summary

    This discusses the type of monetary and fiscal policies influence other interest rates.