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You, Your Financial Well-Being and the Federal Reserve

Long-Term Investing
Beginning in December 2016, the U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50% . Effective August 1, 2019, that changed: The Fed lowered the federal funds rate by a quarter point, to 2.20–2.25% . Even though the announcement was not a huge surprise, it w...
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