What Is the Federal Reserve, and What Does an Interest Rate Cut Mean?
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What Is the Federal Reserve, and What Does an Interest Rate Cut Mean?
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Welcome back to The Daily Compound, your five minute lesson to make your money and your mind compound.
In today’s episode, King Compound breaks down what the Federal Reserve actually is, who Jerome Powell is, and what it really means when interest rates are cut. Learn how a simple 0.25 percent rate change can affect your mortgage, your savings, and the entire stock market, all in five minutes, explained in plain English.
👑 Five minutes a day. Smarter thinking for life.
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