Show notes
With Interest Rates cut all the way to 0%, it's very possible that we'll see negative Interest Rates in the United States for the first time. Already many European nation's have implemented negative Interest Rates. The Federal Reserve had an emergency meeting to cut interest rates to zero to stimulate the economy through more borrowing in business loans, consumer loans etc. The Federal Funds Rate is explained in a simple way for the average Joe's and Jane's tuning to the show. Marcus Monero explains the liquidity issue that the banks are experiencing and how the FEDS are injecting trillions of USD into the banking system to make them stay alive. If negative Interest Rates are implemented , then it will be more expensive to save money and it can be a good time to refinance your outstanding loans etc. We are entering into interesting times and how this could mean to the US economy as well as the global economy. Stay tuned for more info.--- This episode is sponsored by ยท Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/finfluential/support

