How the Fed Affects Loan Rates - Monetary Policy Explanation (Mortgage Personal Loan Auto Loan Etc.)
Simplifying how the Federal Reserve creates incentives for banks to increase their loan rate without setting the actual rates themselves.
0:00 Intro
1:04 The Fed Guidelines / Fed Funds Target
1:39 Open Market Operations / Quantitative Easing
3:17 How Cost-of-Funds Affects Loan Rates / Loan Rate Components
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