Saved on this device

Follow your curiosity

What discovery has been shared with you?

FACTREE gives you something interesting to discover every day — and something worth talking about together.

Start with one fact. Explore it, go deeper, then follow whichever branch catches your imagination.

Choose subjects for a surprise

Exploring any topic

Begin your discovery

Your next discovery is one click away.

Choose one or more subjects above, or leave Any Topic selected and let curiosity decide.

Economics

Interest Rate

Quick fact

In 2022, the U.S. Federal Reserve raised its benchmark interest rate from near zero to over 5% in just over a year—the fastest increase in decades—in an effort to curb the highest inflation in 40 years.

Why this is interesting

You know that feeling when you see a '0% APR' offer or hear the central bank 'raised rates'? What if I told you that a single percentage point can change your car payment, your savings growth, and even whether a country heads into a recession?