BUSI 604 - 6 - Discussion Board Forum 3 - Response 1 - Institutions.docx - Hi Markevius You are 3/3 choosing interesting topics to cover for your

BUSI 604 - 6 - Discussion Board Forum 3 - Response 1 - Institutions.docx

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Hi Markevius You are 3/3 choosing interesting topics to cover for your discussion board posts. As an Industry Analyst for an American Forklift Manufacturer, my team and I spend a good deal of time studying the economy and market behavior, so I knew what a financial institution was, but; I do not believe I could have explained it to anyone until I read your post. Discussing financial institutions at this moment comes at an interesting time, when the Federal Reserve Board just cut interest rates by another quarter point. That is awesome for homeowners who now can refinance their mortgages (or, many other types of loans) at a lower rate; something my partner and I are
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