The Fed Increased Interest Rates AGAIN - How This Affects Your Wallet

Minority Mindset
â˘September 28th, 2018
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. The Federal Reserve just increased interest rates for the 3rd time in 2018. Here's what this means and how it can affect you and your money
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The Fed Increased Interest Rates AGAIN - How This Affects Your Wallet
0:10 - The federal reserve bank increased interest rates again with the recent interest rate hike
0:29 - Who is the federal reserve
0:54 - What interest rates are important for you to know
1:10 - The discount rate by the Federal Reserve explained
1:26 - The Federal Funds Rate explained
2:13 - Why increasing interest rates affect your wallet
3:15 - Understanding how interest rates compare to the past
3:52 - Why the Federal Reserve or The Fed lowered interest rated
4:15 - The good and bad of raising interest rates
4:44 - Market cycles and interest rates explained
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