Welcome back to the number one financial literacy podcast in the world! It’s The Higher Standard. Saied, Chris and Haroon come out swinging in Episode 163 and they are no pulling in punches in their thoughts on The Fed’s latest 25bps interest rate increase. Join us as the boys go deep, real deep, in to the US economy, GDP and give you a historical look at the Fed Funds Rate with a 62 Year Historical Chart. It also marks the third episode of back-to-back appearances by Haroon who had been out sick for three consecutive episodes.

Resources:

US economy blows past expectations: 3 quick takeaways (The Hill)

GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls (CNBC)

Federal Funds Rate - 62 Year Historical Chart (Macrotrends)

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