VIDEO2:2102:21
How the Fed's interest rate decisions impact you
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How the Fed's interest rate decisions impact you

You've probably heard about the Fed lowering interest rates in response to COVID-19 and the economic downturn, but what does that mean for everyday Americans and small businesses? Is the lower interest rate just applicable to banks and big businesses? The Fed lowering interest rates may affect your finances in surprising ways.
02:21
Thu, Mar 26 202010:47 AM EDT