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53. The Fed Cut Interest Rates: Prepare For Landing đŹ
Manage episode 440893104 series 3478584
The Fed aka The Federal Reserve finally cut interest rates. Papa Powell (aka fed chair Jerome Powell) announced this week the federal funds rate is cut by 50 basis points (which means .50%). This might not seem like much to consumers like us, but cutting it by .50% in one meeting is actually a pretty big deal. Normally, everyone would flip out over something like this and wonder if it means weâre in a recession or about to be, but this time, EVERYONE was anticipating it and prepared for it. The stock market is actually at a high today. The S&P 500 rose to a new high today topping the record set July 16th. Itâs up 11% since from its low on Aug. 5 when recession panic peaked after the brutal July jobs report. This year, the S&P 500 is up about 19%, despite high interest rates and everything happening in the world this year.
We explore economic indicators, the housing market dynamics, employment trends, and the Fed's dual mandate of balancing maximum employment with price stability. The conversation also touches on the political influences on monetary policy, the definition of inflation, and current market trends, providing listeners with insights into navigating the evolving economic landscape.
The Dot Plot: https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20240918.htm
Still Have More Questions or a Comment?
đđŸââïžđđ»đđŒââïžđđœââïžđHolla @ us on:
â Market MakeHer â â websiteâ â â
Get Your Free eBook: The Stock Market Explained
Email jessica@marketmakeherpodcast.com
Instagramâ â â @marketmakeherpodcastâ â â
TikTokâ â â @marketmakeherâ â â
X/Twitterâ â â @MarketMakeHerâ â â
Join the Money Covenâ â â FB Communityâ â â
đ Watch us in action on ourâ â â YouTube Channelâ â â đ
âš Follow Jess Inskip on â TikTokâ and â Instagramâ âš
âš Follow Jessie DeNuit on â TikTokâ and â Instagramâ âš
About Us đđ
Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend who is a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We believe that investing is for everyone and that's why we break down complex investing topics (from "Her" perspective), show you free tools/resources on our podcast, and offer a ton of free educational content on our â websiteâ !
Important Disclosures:
Market MakeHer podcast is unsponsored at the time of recording. Tools and resources mentioned are for informational and educational purposes only. Remember, investing involves risk, and there's always a potential for losses when investing in securities.
Market MakeHer LLC provides educational content and resources, but we are not registered financial advisors and do not provide personalized investment advice. Consult with a licensed financial advisor before making any investment decisions.
--- Support this podcast: https://podcasters.spotify.com/pod/show/market-makeher/support63 jaksoa
Manage episode 440893104 series 3478584
The Fed aka The Federal Reserve finally cut interest rates. Papa Powell (aka fed chair Jerome Powell) announced this week the federal funds rate is cut by 50 basis points (which means .50%). This might not seem like much to consumers like us, but cutting it by .50% in one meeting is actually a pretty big deal. Normally, everyone would flip out over something like this and wonder if it means weâre in a recession or about to be, but this time, EVERYONE was anticipating it and prepared for it. The stock market is actually at a high today. The S&P 500 rose to a new high today topping the record set July 16th. Itâs up 11% since from its low on Aug. 5 when recession panic peaked after the brutal July jobs report. This year, the S&P 500 is up about 19%, despite high interest rates and everything happening in the world this year.
We explore economic indicators, the housing market dynamics, employment trends, and the Fed's dual mandate of balancing maximum employment with price stability. The conversation also touches on the political influences on monetary policy, the definition of inflation, and current market trends, providing listeners with insights into navigating the evolving economic landscape.
The Dot Plot: https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20240918.htm
Still Have More Questions or a Comment?
đđŸââïžđđ»đđŒââïžđđœââïžđHolla @ us on:
â Market MakeHer â â websiteâ â â
Get Your Free eBook: The Stock Market Explained
Email jessica@marketmakeherpodcast.com
Instagramâ â â @marketmakeherpodcastâ â â
TikTokâ â â @marketmakeherâ â â
X/Twitterâ â â @MarketMakeHerâ â â
Join the Money Covenâ â â FB Communityâ â â
đ Watch us in action on ourâ â â YouTube Channelâ â â đ
âš Follow Jess Inskip on â TikTokâ and â Instagramâ âš
âš Follow Jessie DeNuit on â TikTokâ and â Instagramâ âš
About Us đđ
Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend who is a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We believe that investing is for everyone and that's why we break down complex investing topics (from "Her" perspective), show you free tools/resources on our podcast, and offer a ton of free educational content on our â websiteâ !
Important Disclosures:
Market MakeHer podcast is unsponsored at the time of recording. Tools and resources mentioned are for informational and educational purposes only. Remember, investing involves risk, and there's always a potential for losses when investing in securities.
Market MakeHer LLC provides educational content and resources, but we are not registered financial advisors and do not provide personalized investment advice. Consult with a licensed financial advisor before making any investment decisions.
--- Support this podcast: https://podcasters.spotify.com/pod/show/market-makeher/support63 jaksoa
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