After having six drinks all to herself, Julie was in orbit. See also: orbit. in orbit. Thrilled, delighted, as in Dean's in orbit over his son's success. This expression alludes to the successful launching into orbit of a satellite or other spacecraft. [Slang; late 1900s] See also: orbit. in orbit. 1. mod. ecstatic; euphoric. She was just in orbit when she got the letter. 2. mod. alcohol or drug intoxicated. Gary is in orbit and canât see a hole in a ladder. See also: orbit
The current American interest rate FED (base rate) is 0.500 %. Note: at this time the FED has adopted an interest rate range of 0.25% to 0.50%. â 1 managingâ the national money supply by means of monetary policy with the aim of:  preventing or limiting inflation and deflation (price stability).
Discount Rate (Currently 1.50%) The âdiscount rateâ is the interest rate the Federal Reserve sets and offers to member banks and thrifts that need to borrow money in order to prevent their reserves from dipping below the legally required minimum. [See the latest mortgage rates from dozens of lenders, updated daily.]