Multiple economic factors influence interest rates. Three types of interest rates, including real, nominal, and effective affect consumers' borrowing and investment choices. The nominal interest rate is the stated interest rate of a bond or loan or the ...

This chart, as well as others that show the same trend, have made the rounds on social media. (Haver Analytics, Federal Reserve, Rosenberg Research) Some investors have waited patiently for the Federal Reserve to start cutting interest rates. Meanwhile ...