Why you should be interested in interest rates

Season 1 Episode 37

The fed continues to work on lowering inflation rates, using interest rate hikes as a method for cooling the economy. As a result, markets tumbled. Now analysts and investors are trying to predict the size of the next Fed hike coming later in September, and the market will move day to day as it tries to price in those potential hikes. This week on Edelman Financial Engines’ Everyday WealthTM, Jean, Soledad, and Edelman Financial Engines wealth planner Rose Niang will be discussing why we should be interested in rising interest rates and what the upsides are, if any. They’ll also discuss lump sum pensions, when to buy big ticket items, and whether or not buying a second home can help hedge against inflation.

 

This show is pre-recorded, and any callers are prescreened.

Ms. Chatzky and Ms. O’Brien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse Edelman Financial Engines and its planners.  That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.  The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).

Jean Chatzky

 

Meet the Host: Jean Chatzky

Jean Chatzky came to personal finance not as an economist or a financial planner but as a journalist who dug into the topic of money to get her own money in order as well as to earn a paycheck. She has the innate ability to take the complicated world of money and explain it in ways we can all understand. And this has never been more important than now because we all have more responsibility for our financial lives than any generation that came before us. Aside from hosting Everyday Wealth™, Jean is the CEO of HerMoney.com and host of the podcast HerMoney with Jean Chatzky. The financial editor of NBC's TODAY show for 25 years and the financial ambassador for AARP, she appears frequently on CNN and MSNBC and was a recurring guest on The Oprah Winfrey Show. She is a New York Times and Wall Street Journal bestselling author.