How does the Federal Reserve's latest rate decision influence your financial future?
With inflation taking a roller-coaster ride from 9% to a more manageable 3%, we explore the Fed's motivations for this rate cut and its broader implications for your portfolio.
Reflecting on the history of inflation—from the days of 10-cent Cokes to today's prices—we consider what the future holds for consumers and investors alike. As we dissect the market's response, we'll also touch on recent job reports and the Fed's commitment to steering the economy through these choppy waters. Whether you're planning for retirement or evaluating your next big investment, this conversation provides insights to guide your financial decisions.
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If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
10/11/24 • 11 min
What The Wealth - Exploring the Economic Effects of a the Recent Rate Cut (097)
Transcript
The Fed pivot . On September 18th , wednesday , the Federal Reserve cut rates by 50 basis points , after hiking rates throughout 2022 and holding those through much of 2023 and 2024 . And so today on the what the Wealth podcast , we're going to talk about the Fed the first Fed rate cut
Speaker 1since 2019 , actually . So that's what's on the do
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