World Bank Places Pressure on Federal Reserve to keep Mortgage Rates Low Looking back at the events from 2007 is sure to fill any American with dread. This was the advent of the financial crises that rocked America, and the world as it resulted in a significant global economic downturn. During this time, the Federal Reserve stepped in and made an attempt to stabilize the country one more time, by focusing on the economy and the financial system. People needed to have access to funds so that they could purchase more assets and finance their lifestyles. So one move that was made at that... Read More →
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