nerdwallet.com
The Federal Reserve is a government-run bank that’s job is to manipulate the economy so that consumers don’t experience negative effects from the economy. It also controls the Federal Funds rate, which is the interest rate that banks use to borrow and lend money. Knowing this, you can understand the impact this has on items like your savings account and use them to your advantage. Suggested Articles: What Is The Federal Reserve?:https://www.nerdwallet.com/article/banking/federal-reserve?trk_lo…
about 2 months ago