Care About Buying a House One Day? FOMC Press Conference —September 26, 2018 [FULL VIDEO]

in #fomc6 years ago

One Day I'd Like to Own a House

How about you? Yes? Okay so the FEDs rates are probably one of the single most important things to pay attention to, since the FEDs Rate is what banks use to determine the rate they lend out to you based on your credit score. You will pay large percentages of just interest on your loan over the length of your loan, and this rate is what determines you're actual interest payment.

They Raised Rates, but...

.25% as expected, but what's interesting is the Q&A, not the statement at the beginning, where the media gets a chance to throw some pitches at the speaker, some are curve balls or real fast balls.

Interest rates, Tarifs, the future economy, the world economy, income forecasts, growth forecasts which will have direct implications on Stock markets and cryptos...this is the Central Banks telling you what they're doing, like literally hahah. Worth a listen at least. The largest investors in the world and businesses everywhere consider this one of the single most quarterly important events in finance (especially anytime the FED moves rates).

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