The FOMC (aka "The Fed" aka The Federal Reserve) had a press conference on March 20, 2024 where they talked about federal reserve rates remaining unchanged, but there's 3 projected interest rate cuts by end of year.

What does this mean for our High Yield Savings Accounts interest rates, mortgages, credit cards, loans, and the economy?

What's going on with unemployment and inflation?

What are balance sheets and what is this balancing act that The Fed is responsible for?

Is good news good news? Or is good news bad news? Or is bad news good news? (i.e. is a spike in unemployment good news? this and other thoughtful words from Jess ✨)

🎧 In the last episode, we talked about the balancing act the FOMC has to do between maximum employment and price stability. Basically, making sure prices are stable (interest rates on housing

🔮 We first mentioned The Fed back in Episode 6 when we discussed who they are, what they do, and why do we care. But we're still giving you a refresher today. And we've definitely mentioned them a few more times since then along with the things referenced in these episodes:

Ep. 13 The Business Cycle and Recessions

Ep. 15 Inflation Explained

Ep. 18 The Yield Curve

🌞 Jessica Inskip's Takeaways

Listen at the end for all of Jess' amazing takeaways of the FOMC meeting! Check out her TikTok for her Powell-Points

🧠 Terms/Jargon/Things To Remember

✨⁠FOMC⁠ = Federal Open Market Committee (not a government branch), responsible for managing the U.S. monetary policy, which you can read about in that FOMC link.

✨Fed Chairman = Jerome Powell (who we like to call "Papa Powel

Support the show

Ask Us a Question, Leave a Review, Follow, Subscribe:
🔗All Market MakeHer Links
👀 ⁠ ⁠⁠YouTube Channel⁠⁠⁠
✨ Jess Inskip: ⁠TikTok⁠ ⁠Instagram⁠
✨ Jessie DeNuit: ⁠TikTok⁠ ⁠Instagram⁠
Funny Finance Shirts and Merch

About Us 🌚🌞
Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend, a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We teach complex investing topics in a different way - from "Her" perspective.

Important Disclosures:
Investing involves risk. There is always potential to lose money when investing in securities. Market MakeHer LLC provides educational content and resources for informational purposes only. We are not registered financial advisors & do not provide personalized investment advice. Consult with a l...

All-Ireland Senior Football Final 2025 Preview: Donegal vs Kerry