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The Fed, explained: What it’s trying to do and why it matters to you

Jeffry Bartash
~1 minute

The Fed, explained: What it’s trying to do and why it matters to you

Interest rates affect the lives of Americans every day

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Soft landing? R-star? Restrictive monetary policy? All these terms used by the Federal Reserve are enough to give anyone a headache. But don’t be fooled: They matter to you and your money every day.

When top Fed officials meet again this week, they are widely expected to reduce U.S. interest rates.