### Comment:
Ah, I always understood it as it would affect borrowing rates , which in turn affect whether or not businesses can be successful which finally affects the American economy.  
  
 But thank you for the info!

### REPLY:
He’s technically right but just being pedantic. Just because there’s an extra step in between fed rates and your everyday loan rates doesn’t mean you can’t say fed rates don’t impact them.

### END.