banking economics us government
cut interest rates
It seems like your question was cut off. If you were asking about the federal interest rate, the Federal Reserve's current rate can vary, so it's best to check the latest updates directly from the Federal Reserve's official website or recent financial news sources. If you meant something else regarding "federal," please clarify, and I'd be happy to help!
Hungary
The interest rates on savings tend to move in line with interest rates in the economy as a whole. So, if the Bank of England cuts its base rate, the interest rate on your savings will probably fall, too. But sometimes banks and building societies cut rates by much more than the fall in the base rate, or cut their rates when the base rate has not changed at all. This is because they also set interest rates on particular accounts to attract customers and cut them once they have enough customers.
The interest rates for a home loan from SBI have recently been cut down in January of this year.Now the rates range from only 9.70% as the base rate to up to 10.10%.
An Economist :}
I have the full mortgage tables for 15 and 30 year fixed rate mortgages posted on my IFITBREAKS website. The funny thing is, when I first posted a table five years ago, I only included interest rates between 4% and 8%. When I updated it recently, I added another table to the bottom of the page that covers mortgage rates from 0% to 4%, because the Federal Reserve actions of the past few years have knocked the bottom out of interest rates. <a href="http://www.ifitbreaks.com/tables.htm">Mortgage rate tables from zero to 8 percent interest</a> Or if the link doesn't work, just cut and paste www.ifitbreaks.com/tables.htm
Whose rates are being cut.
The Federal Reserve buying US government bonds causes inflation, so the government can't continue indefinitely.
A cut in the federal deficit tends to reduce government spending, which can lead to lower economic growth in the short term. It may also decrease public services and social programs, impacting overall welfare. Additionally, reducing the deficit can help lower interest rates and stabilize the economy in the long run, but it often comes at the cost of immediate economic stimulus.
The answer is very simple.... RONALD REAGAN happened. As soon as taxes were cut, interest rates followed and so did inflation
Consumer spending is called consumption, which is a component of Aggregate Demand in our economy. In monetary policy, the Federal Reserve can buy treasuries, lower the reserve requirement, and lower the discount rate which will increase consumption. In fiscal policy, the government can cut taxes to increase consumer spending.