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What Is the Federal Reserve, and What Does an Interest Rate Cut Mean?
Manage episode 516148820 series 3697531
King Compound에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 King Compound 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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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