Broker Check

2022 EP0729 John Kuykendall | Fed Announcement

August 03, 2022
Share |

2022 EP0729 John Kuykendall | Fed Announcement

After the most recent meeting, Federal Reserve Chairman Jerome Powell announced an additional increase of .75% to the Fed's core interest rate and continued to elude to additional rate increases into the future. In response, the market moved in a positive direction. What does this mean for the economy and for the American consumer? On this edition of Financial Focus, John Kuykendall discusses the Fed's direction and its impact on our money.