Discussion: Prime Rate Discount Rate Fed Rate
What are the prime rate, the discount rate, and the federal funds rate? Who controls these rates? What would you expect to happen in the general economy if these rates are all increased? Decreased? Use examples from your text, the South University Online Library, or from the Internet.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.