THE MILLVILLE JOURNAL

A Student Publication on Markets & Economics · No. 1 · March 13, 2026

SPX5,842.11▲ 0.42%DJIA41,203.55▼ 0.18%COMP18,502.90▼ 0.87%US10Y4.31%▲ 0.05%XAU2,614.30▲ 0.63%MVE112.08▲ 1.12%SPX5,842.11▲ 0.42%DJIA41,203.55▼ 0.18%COMP18,502.90▼ 0.87%US10Y4.31%▲ 0.05%XAU2,614.30▲ 0.63%MVE112.08▲ 1.12%

Explainers

Explainers

What Actually Is an Interest Rate?

Explainer: You've heard the phrase a thousand times. Here's what an interest rate actually is, and why one number can move an entire market.

By Sam Okafor · March 13, 2026