Means a LOT to me, my CD rates are going to plunge. I have no debt [no credit cards, car payments, personal loans, mortgage, etc.], I don't pay anyone to borrow money, and it's clear being a saver is anathematic in this environment.
@F0XRunner4 ай бұрын
As a fellow saver I can tell you the market does not like that, they want you maxing out on debt so you can buy as many products as possible. Stay the course!
@damatar4 ай бұрын
It's been so nice this past year or two having CDs as a viable savings option. i.e., good return, essentially no risk. *waves good bye*
@Wubby8054 ай бұрын
@@damatar sadly, you're spot on🎯
@Shaolinthemple4 ай бұрын
Me me me me. The Fed is balancing between taming high sticky inflation amidst reflationary pressures and not hurting the labour market.
@ThunivuChilla4 ай бұрын
Mention that 'This target is the rate at which commercial banks borrow and lend their excess reserves to each other overnight'
@db-jk8dl4 ай бұрын
Higher prices and a recession
@robsaxepga4 ай бұрын
Thank you!
@key20104 ай бұрын
it means nothing to people outside the US, you're taking debt on our expense without our consent, and that's the end of the story.
@mcdiamond24634 ай бұрын
the truth is, it doesn’t mean anything to me
@homewall7444 ай бұрын
If you have dollars, it means you will be poorer soon enough.
@mathyeuxsommet31194 ай бұрын
@@homewall744 how ? If he has debt it will be cheaper
@mcdiamond24634 ай бұрын
🙂
@Wubby8054 ай бұрын
Means a LOT to me, my CD rates are going to plunge.
@1240854 ай бұрын
B a s e d
@ぴるぐりむ-c2w4 ай бұрын
UBIの件で低評価押しておきました
@invisiblesun65954 ай бұрын
Better mean a higher COLA for the incoming avalanche called inflation
@YarrBr04 ай бұрын
I thought inflation already happened
@invisiblesun65954 ай бұрын
@@YarrBr0 Then why are they dropping interest rates at 50bps?!
@KurtTank3924 ай бұрын
Inflation is the enemy
@homewall7444 ай бұрын
Inflation is caused by the Fed setting the price of money when it has no idea. Even Keynes never thought of this full government control over spending and interest rates and was only to be used IF AND ONLY IF the economy got itself stuck. That means, they'd increase government spending and forced lower rates ONLY WHEN the economy was locked up and in decline and people refused to spend, but was to be returned to market pricing during the 95% of the time when the economy is moving along just fine. The US federal government is our death, our worst rulers, and our greatest loss for ourselves and generations to come.
@mathyeuxsommet31194 ай бұрын
@@homewall744 WTF doyou think the fed does,they don't have any power they didn't have during keynes time.
@KurtTank3924 ай бұрын
@@homewall744 where did you get your mba at.
@guusbokmusic4 ай бұрын
Quality content 👌
@justinwyatt84 ай бұрын
Bad for the dollar, good for gold
@lucasfrank88433 ай бұрын
Dayum 🤩
@sleepytimeshecomes4 ай бұрын
this fed did cut for the current admin cause they are in trouble and loosing to Trump.
@homewall7444 ай бұрын
It means they want you to go into debt and not save. That's the actual American way when you let rulers set prices by central planners and allow it's own ridiculous debt spending levels to grow ever faster, but keep their interest payments "a bit" lower.
@mathyeuxsommet31194 ай бұрын
Who tf is 'they',the FED is an independent institution from the federal goverment and even if the interest rate was supper high the us goverment cannot go bankrupt,if you want a recession because everybody spend half of their income paying their flotting morgage then don't pretend you understand the issue.
@youngzr33804 ай бұрын
People just gotta stop spending their credit cards lol. But I guess it’s the American way
@bristephens9642Ай бұрын
❤
@PaulStephenRudd-u7b4 ай бұрын
The rising
@Joegolberg14 ай бұрын
Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.
@PaulStephenRudd-u7b4 ай бұрын
That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?
@Joegolberg14 ай бұрын
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
@internautelambda64174 ай бұрын
Is it good for my stonks?
@jujubees7114 ай бұрын
What a tricky course to navigate. We don't give the Fed enough credit on the tremendous job they did bringing inflation down. But they still have a lot of work to do
@annabrown73024 ай бұрын
IT MEANS NOTHING WILL CHANGE PRICES WILL STAY HIGH AND KEEP GETTING HIGHER BIDEN HAS GOT AMERICA INTO A DEPRESSION HE WILL REAP WHAT HE HAS SOWED
@shikawgoh4 ай бұрын
Thanks for letting it be known how clueless and brainwashed you are.
@Missy50url4 ай бұрын
There is no depression the lowering* interest rates show a country doing really well. The best jobs market since the 60s. Manufacturing brought back after the closures in trumps first few years. Many other countries have also lowered interest rates in the last few weeks. The economy has world wide causes as well as local good governance. Same with the war in the Middle East. Why does Biden not doing anything? How stupid is that question. Many other European countries are working with the US on getting a deal done. With an extreme right wing leader in Israel he has his own agenda and thirst for total power.
@ashenhank85684 ай бұрын
ok
@youngzr33804 ай бұрын
I’m not borrowing any money any times soon, but if I do it will be cheaper. All I know is that my stocks are at an all time high 😃
@db-jk8dl4 ай бұрын
What's with the cheesy background music to accompany state propoganda?
@YarrBr04 ай бұрын
"state propaganda" lol
@troyb.41013 ай бұрын
It means nothing the banks have no money to loan out. Your credit score means nothing either.