What is the Federal Reserve?
The Federal Reserve System, often referred to as the Federal Reserve or simply “the Fed,” is the central bank of the United States.
But what exactly does it do? And why does it matter?
With all the changes that have been happening, it’s important to understand the Federal Reserve.
Now that you have an understanding of the Federal Reserve, check out 3 ETFs to Invest as the Fed Tightens Policy.
According to the New York Times, “Economists overwhelmingly predict that the Fed will next raise rates in June, but after that, the consensus begins to break down. Some analysts say to expect four total rate increases this year given the strength of the economy, including a historically low unemployment rate.”
The next Federal Reserve meeting is June 12 and 13.