- Control of Growth & Development. Hormones are chemical messengers produced by glands in the endocrine system. Endocrine tissues are specialised to produce such hormones, which have genes switched on according the the hormones they were designed to produce.
There are actually three rates in the U.S. that drive virtually everything else, from bond returns to credit card interest rates. Of these, the Federal Reserve actually controls only two (the Federal Funds Rate and the Discount Rate). The third rate, called the Prime Rate, is the rate that most people falsely believe the Fed changes. In truth, this is the one rate the Fed has no direct control over.
The Federal Reserve has held interest rates at super low levels for years in an effort to bolster the economy, but it is expected to raise rates for the first time in seven years this week. AUDIE CORNISH, HOST: In December of 2008, the Federal Reserve cut interest rates to near zero to combat the financial crisis and the Great Recession. This Wednesday, exactly seven years later, the Fed is on track to increase interest rates for the first time since.