Which Interest Rates Do the Fed Control?

[Money Rehab with Nicole Lapin]

We know that the Fed sets interest rates... but it's not the interest rate you'll pay for a mortgage. To unpack what it really means, and what it means for you, Nicole calls up a friend of the show: Dr. Uncertainty (Dr. Richard Smith). Plus, Dr. Smith shares his predictions for where interest rates will land in 2023.

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