Fed rate influences cash flow in and out of the markets in general. It is also a barometer used to gauge the depth of this recession and how far along the recovery is.
BEHL is in the market for funding. Funding rates determined by Fed rate as well as determining BEHL's interest expense to obtain that funding.
well for the right institutions it means a lot like the ones that want to put money into BEHL. Cheap interest rates! It all comes full circle. We are all affected. All the way down to my bread ans butter sandwich I'm having for dinner.