Description:Â The Fed raised the rate it charges banks for emergency loans by a quarter percentage point. WSJ’s Justin Lahart breaks down what it means in an interview with Simon Constable.
Source: Marketwatch â€“ video report
Questions for discussion:
- Summarize the reasons given in the report for a gradual increase to rates?
- What impactÂ will this particular rate increase have on corporate financial planning and investment strategies?