Question

Depending on the economy, financial institution, and your credit history, interest rates commonly range from

Answer 1

When interest rates increase, it affects the ways that consumers and businesses can.called the Fed—cut the target range for its benchmark interest rate by 0.25%.Why does the Fed cut interest rates when the economy begins to struggle—or raise.The prime rate represents the credit rate that banks extend to their most.

Step-by-step explanation:

Answer 2

From what we need a picture for prod