The Fed's Gift to American Business

The central bank’s low interest rates save the private sector $700 billion

The Fed's Gift to American Business
The central bank???s low interest rates save the private sector $700 billion

The U.S. Federal Reserve’s efforts to boost the economy by holding down interest rates has saved corporate America $700 billion in interest payments over the past four years. Issuing debt at record-low yields allowed blue chips and shaky businesses alike to invest and expand.

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