Stimulus may raise your rates

Filed Under (Economic) by on 24-02-2009

To pay for the massive stimulus plan, bank bailout and other spending, the government is taking on a record amount of debt, issued in the form of government bonds. If no one buys this debt, it could push up interest rates and increase how much you pay for loans on homes, cars and credit cards.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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