We are breaking in from our regular Home Buying Series to bring you a topical topic on the Federal Reserve.

In this episode of Money Well Studio, hosts Jennifer and Julie explore the Federal Reserve's role in the economy, discussing its structure, functions, and the impact of its decisions on interest rates and mortgage rates. They explain the complexities of the Fed funds rate, the relationship between Fed actions and market expectations, and how inflation and employment play into the Fed's balancing act. The conversation is light-hearted yet informative, making economic concepts accessible to listeners.