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).
Right now, the Fed Discount Rate is at 0.75%, and the Fed Funds Rate is operating in a target range of between 0% and 0.25%. In a down economy, with so much of the activity dependent on consumer spending, the goal is to attract consumers to loans. These low Fed rates bring loan rates down. deposit of $1,000 meant a little more than $4 in interest the first month. Now, you'd be hard-pressed to find a high-yield account offering much more than 1% APY, providing you with right around 83 cents in interest the first month. That's a big difference.