There is a definite force that has a profound impact on the economy and the stock market at all times, and that force is The Fed. When the Fed Chairman, Jerome Powell, speaks, we need to be listening. The decisions that he and the rest of the federal open market committee make can have a very real impact on your savings, your investments, your ability to borrow, and the cost of goods and services, among other things. When the decisions that they make around interest rates hold so much weight, I think we should know just what their decisions mean. Today, we will discuss:

1. What the Fed does

2. What the Fed decided at the most recent FOMC meeting

3. How the Fed's setting of interest rates impacts your life

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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)