Interest rates will remain steady for the coming quarter, according to the Internal Revenue Service. The IRS announced that interest rates will remain at 3 percent for overpayments and 2 percent for corporations, while there is a 0.5 percent rate…
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interest rates
- AMP NewsBusinessBusiness & FinanceFinance & Banking
Federal Interest Rates to Remain Near Zero as Pandemic Continues
by Tyler Haleby Tyler HaleFederal interest rates will remain near zero, the Federal Reserve announced on Thursday. The Federal Reserve will maintain its current course, keeping the federal funds rate at 0 to 0.25 percent. Following a the Fed’s policymaking committee, the Federal Open…
- AMP NewsBusinessBusiness & Finance
Federal Reserve Cuts Interest Rates For First Time in a Decade
by Tyler Haleby Tyler HaleFor the first time in more than 10 years, the Federal Reserve Bank has cut interest rates. The move makes the first time since the 2008 recession that the bank has cut interest rates – a move designed to continue…
UPDATE:Â As many suspected, the Federal Reserve raised rates on Dec. 16. Below is the original article by Bank of Little Rock Mortgage President and CEO Scott McElmurry. As the article predicted, the market response was positive and even favorable…