Showing posts with label Fed Rate Hike. Show all posts
Showing posts with label Fed Rate Hike. Show all posts

Dec 16, 2015

Big banks to get free money to guarantee they charge you more for credit


Why the Fed Just Decided to Give Big Banks Free Money


'...the Fed is paying America’s banks, collectively, a little more than $12.5 billion per year. So why is the Fed paying banks so much? ...'


Reference: fortune.com
Tags: Fed Rate Hike,