EPISODE · Aug 10, 2022 · 7 MIN
When We Hear "Interest Rate" - Which One? There Is More Than One?
from Credit Coaching by Kristi · host Kristi Nowrouzi
You are likely hearing a lot in the financial arena about rates going up. But what rate are they talking about? There are various rates that affect different parts of your finances, so listen in as your Credit Coach breaks down the three different interest rates that most affect you: the Fed Funds rate, Prime Index Rate and the 10 Year Treasury Yield. Say what? It's not as boring as you might think- and important to have an overall idea of what each one is. [email protected]
What this episode covers
You are likely hearing a lot in the financial arena about rates going up. But what rate are they talking about? There are various rates that affect different parts of your finances, so listen in as your Credit Coach breaks down the three different interest rates that most affect you: the Fed Funds rate, Prime Index Rate and the 10 Year Treasury Yield. Say what? It's not as boring as you might think- and important to have an overall idea of what each one is. [email protected]
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When We Hear "Interest Rate" - Which One? There Is More Than One?
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