The Federal Reserve has been in the headlines a lot lately as analysts try to figure out when policymakers will cut interest rates.
Why does the Fed matter so much?
Let’s discuss. Don't worry, there won't be a quiz!
The Fed’s decisions on interest rates are a big deal for markets and the economy because they affect how much it costs to borrow money. Since businesses and consumers depend on credit to buy houses, fund business growth, pay workers, and more, interest rate policy decisions ripple across the economy.
