In this episode Mark delves into the recent decision by the Federal Reserve to lower interest rates by 50 basis points. Mark discusses the broader implications these changes could have on the economy, inflation, and various interest rates.
From the complexities of the yield curve to what it means for savings accounts and mortgage rates, Mark offers a comprehensive breakdown to help listeners understand these financial dynamics.
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Episode Links:
Mark’s Money Mind YouTube Channel
The Federal Reserve Explained - Monetary Policy
US Treasury Yield Curve Graph
Understanding the Yield Curve - Charles Schwab
Timestamps:
00:27 Relocation Updtae
03:33 Understanding the Federal Reserve's Rate Cut
08:45 Explaining the Yield Curve
14:40 Impact of Rate Changes on Different Financial Instruments