Fed's New Playbook: Navigating Inflation and Rates

The Fed just flipped the script! After years of near-zero rates and a makeup inflation strategy, Jerome Powell announced a major policy shift at Jackson Hole. The Fed is ditching its outdated framework for a more flexible approach, focusing on keeping inflation expectations steady. What does this mean for your wallet? With potential rate cuts on the horizon but new inflation threats looming, we break down how the Fed's moves could impact everything from your savings to the national debt. Hosted on Acast. See acast.com/privacy for more information.