April 28, 2021

Interest: Is It Income Or Expense?

Interest: Is It Income Or Expense?

Precisely at 2 pm eastern time this afternoon, The Federal Reserve will announce their latest decision on short term interest rates. And they will thereby set the Fed Funds Rate. It will be a deadly dull affair, with this decision having been telegraphed...


Precisely at 2 pm eastern time this afternoon, The Federal Reserve will announce their latest decision on short term interest rates. And they will thereby set the Fed Funds Rate. It will be a deadly dull affair, with this decision having been telegraphed for months.