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Suze School: What The New Fed Funds Rate Means for You

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

Introduction

A lion credit union is currently offering 4.5% for a three month certificate, 4.75% for a six month certificate. You can also purchase these in a retirement account and check it out now. Do you know that one year ago, the Fed funds rate was at 1.75%. Today it is at 5.5% and possibly can even go higher. So why should you care about that? Why am I doing a podcast on that and how does it affect you?

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