interest rate

The investment community and financial media pay close attention to interest rates—the price a borrower pays to borrow money—and for good reason. When the U.S. Federal Open Market Committee (FOMC for short), or any other central bank committee, sets a target for …

If the activity of bankers/banks, even in the earliest existence and formation of banking, is to store deposits and, based on the available funds, to grant loans, then it is appropriate to trace the contractual relations in this process. If a person has great wealth – measured in money/barter goods, …

Author: Philip Bagus* *Philip Bagus is an associate professor at Rey Juan Carlos University. He is an associate scholar at the Mises Institute. He is the author of numerous books, including In Defense of Deflation, Blind Robbery!, The Tragedy of the Euro, and co-author of Deep Freeze: Iceland's Economic Collapse. While the euro crisis seems to be stuck in …

According to mainstream economics, the central bank is the key factor in determining the level of interest rates. By setting short-term interest rates and based on expectations about the future course of its interest rate policy, it influences the entire structure of interest rates. It follows that economic players have almost no …

On December 14, the chair of the Federal Reserve, the central bank of the United States, officially announced the increase in the institution's key interest rate by 25 basis points, from 0.25% to 0.50%. This is the first interest rate increase by the Fed since December 2015, although Yellen initially said that we would see three to four increases ...

As September approaches, market participants are increasingly anxiously awaiting the Federal Reserve's (FED) decision on the key interest rate in the United States. Will the world's most influential central bank raise the key interest rate, which has been in the range of 0.0-0.25% since late 2008? How will this affect …

The first meeting of the Federal Open Market Committee (FOMC) with the participation of the new Fed Chair Janet Yellen rather surprised the markets with Yellen's statement that within six months (i.e., March 2015 at the earliest) after the end of the current Fed program...