Multiple economic factors influence interest rates. Three types of interest rates, including real, nominal, and effective affect consumers' borrowing and investment choices. The nominal interest rate ...

When the interest rate changes, there are real-world effects on how both businesses and consumers make purchases. To understand how interest rates affect your personal finances, you need to ...

As the United States emerges from the COVID-19 pandemic, increases in interest rates have strengthened the value of the U.S. dollar. The Effect of Interest Rates Generally, higher interest rates ...