interbank

The Fed is jockeying to control the interest rate on loans banks make to each other. Who cares? You do. Those rates affect the ability of consumers and businesses to get loans.

Nancy Marshall Genzer has more.

As the markets work to sort themselves out in the wake of the bailout plan's demise, the rates banks charge each other to borrow have risen to an all-time high.

Marketplace Senior Business Correspondent Bob Moon reports.