52: What's Going On With The Fed and Interest Rates In Plain English?

Send us Fan MailThe stock market has been in rollercoaster mode so far in 2022 and who knows what's next? There are certainly a lot of opinions out there but no one has a crystal ball. There's also a lot of jargon being thrown around. My goal with today's episode is to break down the jargon and explain what in the world is going on with the Fed such that someone with the least around of interest has a basic understanding so they can make informed decisions.In this episode, I talk about:1. Who/what is the Fed and why does it exist?2. The most influential tool used by the Fed 3. What is the Federal Funds target rate? 4. How do banks charge each other interest and how does the federal fund's target rate affects you and I3. How does the Fed raising the target rate affect savings accounts?6. How does the Fed raising the rate affect our best, and especially homebuyers?7. How does the Fed raising rate affect the stock market and immediate investor psychology?I hope this episode provides you with tools to better understand what's going on, to dig deeper, and most importantly, to make informed decisions. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs  to hear these conversations.  Please join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'