"The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy. It impacts everything from the annual percentage yields (APYs) you earn on savings accounts to the rate you pay on credit card balances, which means the fed funds rate effectively dictates the cost of money in the U.S. economy."
Benjamin Curry, Forbes Magazine.
Our financial writer, Lenny Dendunnen, expounds on the changing issues in the Federal Funds Market and points out things you should know. (Questions for Larry? contact him at Lenny@guillotineadvisors.com)
Article is in PDF format below:
Fed Funds Then and Now
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