The 9Innings Podcast

Kevin Thompson, RICP®, CFP®

Econ 101: 🔥 The Fed Is Hitting the Brakes...Here’s What It Means for You

SEP 22, 202617 MIN

Description

In this episode of Econ 101, I break down the Federal Reserve’s latest 25-basis-point rate hike, bringing the federal funds target range to 3.75%–4.00%, and what higher interest rates actually mean for you. From credit cards and car loans to mortgages and business investment, higher rates are designed to slow spending and cool the economy. But there’s another side to the story: massive investment in AI and technology continues to help drive economic growth. What happens if the Fed keeps hitting the brakes while the sector helping keep the economy moving starts to slow? Let’s talk about it. 00:00 - The Fed Is Hitting the Brakes 03:56 - How Higher Rates Hit Your Wallet0 8:54 - How Rate Hikes Slow the Economy 11:06 —-AI Investment, Circular Financing & the Domino Risk NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com Disclosure: https://sites.google.com/view/9idisclosure/disclosure