FED FUND RATE: What Interest Rates Do The Fed REALLY Control?

In this video, we break down the Federal Funds Rate, the cornerstone of U.S. monetary policy. Discover how this crucial interest rate, set by the Federal Reserve, influences the economy, from controlling inflation to impacting your savings and loans. We’ll explain the mechanics behind the Fed Funds Rate, how it affects other interest rates like mortgages, credit cards, and savings accounts, and why it’s a critical tool for stabilizing the economy. #federalreserve #jeromepowell #interestrates

Whether you're an investor, student, or simply curious about how monetary policy affects your financial life, this video will provide you with clear insights and practical knowledge.

Subscribe for more in-depth explanations on economics, finance, and the forces shaping our financial world!

[lukastanic]

Basically the Federal Reserve doesn’t make the rates the banks give you but the rates they set are what all those other rates are based on. Not the same rates but they are connected.