A Non-Boring Guide to Understanding the Federal Reserve

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4 • 823 Ratings

🗓️ 15 December 2015

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Everyone’s eyes are on The Federal Reserve this week as its Board of Governors meets to discuss hiking interest rates in the US for the first time since 2006. We’ll help you be the smartest person in the room (assuming Janet Yellen's not there) when it comes to understanding the Federal Reserve and how we all should feel about a rate hike.

Transcript

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0:00.0	This is Motley Fool Answers. I'm Alison Southwick, and joining me is Robert Brokamp,
0:07.6	personal finance expert here at the Motley Fool, as well as the advisor for Motley Fool's
0:11.8	Rul Your Retirement Newsletter. Hi, bro.
0:14.2	Hi, Allison.
0:15.2	And Morgan Housel is also with us today. He's a behavioral finance expert here at the
0:18.8	Motley Fool, and we're happy you're
0:21.3	here too.
0:22.3	I'm happy as well.
0:23.3	You're here on a very special day because...
0:25.5	Is that true?
0:26.5	It is. Happy anniversary, Robert Brokamp.
0:28.1	Happy anniversary, Allison. And you too, Rick, from behind the window that no one
0:32.5	can see because you're listening to this on your car somewhere or something like that.
0:35.7	The traditional gift for the first year is paper, so I'm thinking you could just write me a
0:40.3	check.
0:41.3	Yeah?
0:42.3	Maybe.
0:43.3	I will. Or I'll have the Federal Reserve write it for me.
0:45.3	Can we confirm what anniversary of this is?
0:47.3	Oh, it's the anniversary of the show!
0:48.3	That might be pertinent information to someone listening.
0:51.3	Sorry, I assumed you guys knew. It's the anniversary of our show. I have known bro for many years beyond this show.
	...

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