Debt is a tool that, when leveraged properly, can be powerful. Interest rates are established by central banks; in the United States, The Federal Reserve Bank controls monetary policy and influences fed funds rates - the rate that banks can charge borrowers.
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History of Interest Rates
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Debt is a tool that, when leveraged properly, can be powerful. Interest rates are established by central banks; in the United States, The Federal Reserve Bank controls monetary policy and influences fed funds rates - the rate that banks can charge borrowers.