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A declining federal funds rate has had a corresponding impact on many other interest rate offerings. As you can see from the chart below ... to zero for almost 10 more years.
A loan that lasts only a few years ... 10-year U.S. Treasury bond, which is a widely held asset that affects interest rates across a host of other financial products. Then there's the prime rate ...
Prime Minister Mark Carney’s announcement that the federal budget will be delayed until the fall is more than a scheduling ...