• Write a short summary on the history of the Federal Reserve Board.
• What is the current interest rate?
• How do you think this affects businesses?
• What is the impact on your bond interest (premium versus discount) and the related journal entries?

https://www.federalreserve.gov/

Ive been trying to answer this question for a while now but i dont know how to answer "how it affects business" or the "impact on your bond interest and the journal entries"

I think the current interest rate is 2.25%.... can someone please help point me in the right direction where to find this information?

Thank you so much