We always pay attention to the Federal Reserve and their actions. And no doubt they are critical. But more attention needs to be paid to the LIBOR rate. Hundreds of trillions of dollars are using this and it could spell disaster as rates continue to rise.
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
3-Month London Interbank Offered Rate (LIBOR), based on U.S. Dollar | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/USD3MTD156N
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