30. FOMC Meeting, Interest Rate Cuts & Inflation (aka Jess Watched The Fed Press Conference So You Don't Have To)
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...