Q&A: Why have interest rates in the US fluctuated far more greatly than UK interest rates?

Question by Carefree: Why have curiosity rates in the US fluctuated significantly much more greatly than United kingdom curiosity costs?
Yet, each our economy’s are in genuine problems. Why is this, despite the reality that curiosity costs in the United kingdom have remained fairly continuous in contrast to US interest rates? Apart from the newest 1.five% fee minimize of program, but that was only very last Thursday.

Greatest answer:

Response by Lawrence 5
Due to the fact US interest costs are managed by the Federal Reserve, which, in spite of its name is owned by private banks. So there are a bunch of super wealthy, super powerful men taking part in puppetmaster with our financial system.

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