Thread: Explain Interest Rates to a novice

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  1. #1

    Default Explain Interest Rates to a novice

    Hey, I just joined this forum in hopes of learning about the market and how money moves. I often see analysts on CNBC and Bloomberg talk about interest rates lowering. Is this for mortgage loans or is this the interest I would receive in a bank.
  2. #2

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    I believe I need a clarification as to what they mean, so would you mind explaining like I'm 5. I understand that interest rates being lowered can stimulate the economy and the reverse effect if raised.
  3. #3

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    Also where would I be able to find the historical rates of the interest rates. I appreciate all the help in advance, thank you!!!
  4. #4

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