cancel
Showing results for 
Search instead for 
Did you mean: 

Prez wants lower Federal Interest Rate to 0%

Highlighted
Frequent Contributor

Prez wants lower Federal Interest Rate to 0%

Message 1 of 6
5 REPLIES 5
Highlighted
Senior Contributor

Re: Prez wants lower Federal Interest Rate to 0%

Wish I understood all that.  Two things: 2021 and bubble

My loc matures 2021 what does that mean for me?  Need to covert to an installment. Could this help me? or.........Smiley Indifferent

Bubble: just hate hearing THAT word again.

”MY TAKE HOME PAY DON’T TAKE ME HOME”
Personal Cards

Biz cards

Closed still reporting
23 cards, 3 loans, oldest 1996.
Scores
(Fico 8- Exp. 744/ TU 788/ EQ 756)
Message 2 of 6
Highlighted
Regular Contributor

Re: Prez wants lower Federal Interest Rate to 0%

I personally think this is crazy. Not getting into politics here but just my two cents. I doubt it will happen, but could be wrong.
Message 3 of 6
Highlighted
Established Contributor

Re: Prez wants lower Federal Interest Rate to 0%

The whole point of the Fed is that it isn't supposed to be influenced by politics. It's also a big kick in the pants to anyone with savings or bond investments as it will slightly help increase borrowing by taking away from interest and returns on those types of accounts.

<Mod snip(s):  Please remember the five things we can't discuss.  Thanks, --UB>

AU



Message 4 of 6
Highlighted
Regular Contributor

Re: Prez wants lower Federal Interest Rate to 0%

Agreed
Message 5 of 6
Highlighted
Moderator

Re: Prez wants lower Federal Interest Rate to 0%

While it's fine to discuss interest rates, etc. please remember we can't discuss politics on myFICO.

 

Thanks for understanding,

--UB

 

https://ficoforums.myfico.com/t5/User-Guidelines-General/5-Things-We-Don-t-Talk-About/td-p/336929

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.