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WHY REAL GROSS DOMESTIC PRODUCT MATTERS TO EVERYONE YEAR 2023
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What is a consumer simple definition?
Consumers can be either an individual or group of people who purchase or use goods
and services solely for personal use, and not for manufacturing or resale. They are
the end-users in the sales distribution chain.
What is a consumer in economics
Consumer economics deals with the question of how the consumer allocates his scarce
means over a variety of different commodities and services. The consumer is thought to
be able to order the various sets of quantities of goods and services that fit in the
limited budget according to his or her preferences.
Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth
quarter of 2022, after increasing 3.2 percent in the third quarter.
What is a simple definition of GDP?
Image result for What is GDP
GDP measures the monetary value of final goods and services—that is, those that are bought by
the final user—produced in a country in a given period of time (say a quarter or a year). It
counts all of the output generated within the borders of a country.
What is GDP with an example?
Image result for What is GDP
We know that in an economy, GDP is the monetary value of all final goods and services produced.
For example, let’s say Country B only produces bananas and backrubs. Figure %: Goods and
Services Produced in Country B In year 1 they produce 5 bananas that are worth $1 each and
5 backrubs that are worth $6 each.
What are the 3 types of GDP?
What are the Types of GDP?
Nominal GDP – the total value of all goods and services produced at current market prices.
Real GDP – the sum of all goods and services produced at constant prices.
Actual GDP – real-time measurement of all outputs at any interval or any given time.
What is GDP and why is it important?
One of the most important is gross domestic product, better known by its initials, GDP. This
economic indicator reflects the monetary value of goods (from food products to vehicles,
machinery and textiles) and services (such as health care, education, etc.) produced in the
country over a certain period of time.
What are the 6 types of consumers?
The survey identified six different types of shoppers, including:
Diligent searchers. According to the survey, these individuals take everything into
account, valuing all product and brand characteristics.
Product selectors. These folks focus on the.
Pleasure shoppers.
Foodies.
Unbiased buyers.
Indifferent consumers.
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You can do it quotes
“Do the best you can. …
“Do what you can, with what you have, where you are.” ―Theodore Roosevelt.
‘It’s never too late to be what you might’ve been.” ―George Eliot.
“If you can dream it, you can do it.” ―Walt Disney.
“Trust yourself that you can do it and get it.” ―Baz Luhrmann.
BECOME A MILLIONAIRE LEAVE EXCESSIVE DEBT BEHIND START TODAY
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What are the 5 steps to becoming rich?
The 5 Fastest Ways To Become Rich, According To Experts
Avoid (and Pay Down) Debt. Debt is not necessarily bad in all instances, but it is
something to be avoided most of the time. …
Spend Intentionally and Minimize Costs. …
Invest as Much as Possible in a Diversified Portfolio. …
Work On Your Career. …
Find Extra Work7 TIPS ON BUILDING RESERVE CASH FOR EMERGENCIES 2023
Here are the Top 10 keys to your financial success:
Decide to be financially successful. This is different than wishing, hoping, wanting or even desiring to be rich.
Understand how money works.
Set specific goals. .
Develop a budget.
Reduce spending.
Begin investing.
Increase assets.
Reduce taxes2022-2023 YEAR TO DOUBLE YOUR INCOME ARE YOU VISIONARY???
Kindle Inspirational Books Videos and Motivational Programs
PRIVACY POLICY
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DON’T ASK. IMGENERATIONX BLOG CONSIDER IT A PRIVILEGE TO HAVE YOU AS A DONOR,
READER, AND SUPPORTING THIS BLOG BY PURCHASING ITEMS ON THIS BLOG WHICH IN
SOME CASE WE RECEIVE A VERY SMALL PERCENTAGE. AGAIN, WE DO NOT SELL OR SHARE
ANYONE INFORMATION THAT PROVIDED TO US.
What is a very powerful quote?
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“God, grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.” — Reinhold Niebuhr.
What is a good short positive message?
“Success is not final, failure is not fatal: it is the courage to continue that counts.”
“When you have a dream, you’ve got to grab it and never let go.” “Life is like riding a
bicycle. To keep your balance, you must keep moving.
Who is the No 1 motivational speaker?
Top 50 Most popular motivational speakers
#1 Bear Grylls #2 Tony Robbins #3 Mr. T
#4 Cesar Millan #5 Dave Ramsey #6 Nick Vujicic
#7 Eckhart Tolle #8 Deepak Chopra #9 Kevin O’Leary
#10 Malcolm Gladwell #11 Gary Vaynerchuk #12 Robert Kiyosaki
#13 Eric Thomas #14 Paula White #15 Barbara Corcoran
PLEASE MAKE A SMALL DONATION — HAVE AN AWESOME BLESS DAY
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AUDIO BOOKS MORE YOU KNOW BETTER OFF YOU ARE
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What are 10 motivational quotes?
Motivational quotes to start your day
“You can get everything in life you want if you will just help enough other people
get what they want.” —
“Inspiration does exist, but it must find you working.” —
“Don’t settle for average.
“Show up, show up, show up, and after a while the muse shows up, too.” —
“Don’t bunt.
What is a positive quote for the day?
Image result for daily motivational quotes
“Lead from the heart, not the head.” “Always find opportunities to make someone smile, and
to offer random acts of kindness in everyday life.” “You cannot protect yourself from
sadness without protecting yourself from happiness.” “The happiness of your life depends
on the quality of your thoughts.
The role self-help audio books play in maximizing Generation X potential
To be successful in this 21st century, we all need to be regularly motivated so as
to able to withstand the different challenges that life throws at us. But the access
to motivational resources is becoming slimmer by the day.
The most prominent sources of motivation are in books, and there are thousands of them out
there. But with our busy and tight schedule, most people hardly have time to read books.
This is where audiobooks become handy.
Most speakers or authors now have their work published in the form of audio books. This gives
them the opportunity to reach out to more audience, most especially those who find it
difficult to read books.
Self-help motivational audio books are the next biggest source of inspiration. Listening to them
will help to maximize and grow your potentials. They are what you need if you want to move to
the next level in your career and profession.
In this post, we will be discussing the role self-help audio books play in maximizing potential.
Self-help audiobooks enable you to easily identify your strengths and weaknesses. They give you
insights to your potentials and make question yourself on how to fully utilize them. Knowing
your strengths and weaknesses helps you to better manage yourself, time and other resources at
your disposal.
Listening to motivational audiobooks before getting out of bed in the morning will let you stay
motivated and prepare you for the challenges of the day. Audiobooks are powerful tools for
motivation. Make it a habit of listening to your favorite self-help audiobook for at least 15
minutes every day before leaving your home.
By listening to motivational audio books, you feed your mind with positive and inspiring contents.
This enables you to regularly stay inspired and stand tall against all life tides.
Many people listen to music for inspiration or just to improve their mood. But audiobooks are
better alternative to music because they enable you to stay motivated and at the same time
you’re learning.
And just like your music, audio books are accessible and portable. You can easily carry them
about in your phone, computer or any other devices. People can listen to them anywhere and whenever
they want. You can listen to them while you’re doing other things. For example you can listen
to motivational audio books while driving to and from work.
Most of real life challenges are discussed in audiobooks. Sometimes listening to them makes
one feel as if the speaker or author is talking directly to you. In their discussions, they
offer practicable solutions to some of the problems we face in our daily lives.
For anyone to improve and get to the next level, one needs to understand the essence of getting
things done effectively within a speculated time frame. There are many motivational audio books
that teach people how they can simplify and gets things done in order to achieve the desired
results.
It is only natural for colleagues and other people around to believe in you and trust in your
judgments when you are good at getting results. When people see you as a goal getter, the level
of your confidence increases and invariably it helps you to maximize your potential.
In addition, listening to positive inspirational audio books let you understand that no one
is perfect. In one way or the other, we all have our weaknesses. This weakness may either be
physical or mental. Motivational audio books teach you how you can master your imperfection and
overcome the feeling of inadequacy. This in effect, spurred you for greater life achievements.
Do you want to increase the level of your confidence or you want to be able to fully utilize
your potentials? The only thing that is stopping you from getting what you want is you. There
are many audio books that will guide you through the process of how to become a better you.
They help you to positively change your thought pattern. Consequently, this gives room for a
new you to evolve.
Reasons why you should listen to self-help motivational audio books
They are great source of motivation and inspiration – Just like music, audio books can be
used to improve your mood and boost your spirit. They provide you with that right words that
can boost your confidence and prepare for the day-to-day life challenges.
Lead to easy and fast learning – One of the great advantages of audio books is that they make
comprehension easy and faster. They make you go through a lot of information within a short
period of time.
They are effective – Listening to audio books produces effective result better than reading text
from the pages of a book. You won’t have to flip through several pages before getting all the
information that are contained therein in an audio book. Sometimes the content of a book may
be great, but it is hard to read and you get bored reading it. This is not a popular occurrence
with audio books.
Accessible – Audio books are convenient and accessible. Most audio books are compatible with
devices such phones, laptops, iPods, tablets etc. You can easily store them on any of these
devices and carry them with you wherever you go. Another amazing thing about audio books is
that you conveniently continue from where you stop from the last time.
In conclusion, we all need inspiration for our day-to-day survival and to remain focus. But
because we long for inspiration or motivation, we surely don’t want to add to an already tight
schedule. Self-help audio books are great sources of daily inspiration. They provide you with
rich resources for personal growth without adding more to your already tight to-do-list.
There are several collections of self-help, motivational, spiritual, fitness and health audio
books. Like we said earlier, all of these audio books are accessible. You can listen to them
while on the go. For your daily motivation, listen to your favorite audio books while on the
treadmill, in your car or the train. Whenever or anytime you need a boost, audio books are what
you need to get to the next level.
JOB CORPS TRAINING TOMORROW WORKFORCE JOB CREATION YEAR 2023
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The United States economy created one million jobs in 90 days. An unemployment rate of 3.4%.
Currently 50 states Governors are pushing their economies to grow and expand. With over 200
billion dollars of surplus.
What kinds of training opportunities are provided by the federal government?
Training For Federal Employees
Overview.
Client Enrichment Series.
Contracts & Acquisition Training.
GSA Portal FACA Training Registration.
Technology Management Training.
Fleet Management Training.
Acquisition Training for the Real World.
Training Opportunities for Federal Employees – GSAhttps://www.gsa.gov › about-us › gsa-training-programs
More than 60,000 new students between the ages of 16 and 24 enroll in Job Corps each year,
at an annual cost to the federal government of more than $1 billion.
What is the success rate of Job Corps?
Eighty-eight percent of all Job Corps graduates are placed in jobs, higher education or
the military. Students leave the program with industry-recognized credentials, trained and ready
to contribute in high-demand jobs including health care, manufacturing and construction.
What is the biggest Job Corps in the United States?
Image result for How many students enrolled in Job corps
Gary Job Corps Center is the largest Job Corps center in the United States. We are located on an
800-acre campus in San Marcos, Texas, just a short drive from Austin and San Antonio.
How much is the weekly allowance at Job Corps?
The living allowance (i.e., pay) is based on stay duration (e.g., up to 56 days is $25/pay period
or two weeks, 57-112 days is $30/pay period, 113-182 is $40/pay period and 183+ days at $50/pay period).
You can do it quotes
“Do the best you can. …
“Do what you can, with what you have, where you are.” ―Theodore Roosevelt.
‘It’s never too late to be what you might’ve been.” ―George Eliot.
“If you can dream it, you can do it.” ―Walt Disney.
“Trust yourself that you can do it and get it.” ―Baz Luhrmann.
FIRST TIME HOMEBUYERS — REAL ESTATE INVESTING
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Beautiful resorts, great places to eat and the beautiful sandy beaches.
Grab a timeshare and enjoy
INVESTING IN REAL ESTATE IS ONE OF THE MOST PROFITABLE BUSINESS
IN THE US. AW, BEFORE YOU SAY YES. GRAB A BOOK FROM YOUR LOCAL BOOK
STORE ON BUYING AND FLIPPING HOUSES. FUNDING YOUR INVESTMENTS CAN
COME FROM A SECOND BUSINESS A SECOND BUSINESS FOR REAL ESTATE INVESTING
PLEASE COMMENT ON INVESTING. ALL COMMENTS WILL BE POSTED THAT HELPFUL.
First time homebuyers are realizing the American Dream. While renting for
a short period of time is fine building equity, with the tax advantages
is a wealth changing game plan. Homeownership is both wise and profitable
and quite enjoyable.
Below we have posted a few books that great for reading. Also, don’t
overlook audio books. Learn while you travel to and from weeks.
YOUR DONATIONS KEEP THIS BLOG GOING
“With 517,000 jobs added January 2023 unemployment rate 3.4%
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6 Month Treasury Bill Rate is at 4.76%, compared to 4.74% the previous market day and 0.57%
last year. This is higher than the long term average of 4.48%. (February 10, 2023)
https://www.TreasuryDirect.gov
“With 517,000 new jobs added in January 2023 and the unemployment rate at 3.4%, this is
a blockbuster report demonstrating that the labor market is more like a bullet train,” Becky
Frankiewicz, president and chief commercial officer of ManpowerGroup, said Friday
What state has lowest unemployment rate?
The annual inflation rate for the United States is 6.5% for the 12 months ended December
2022 after rising 7.1% previously, according to U.S. Labor Department data published Jan.2023
Wyoming
Rank State Unemployment rate
1 NORTH DAKOTA 2.8
2 NEBRASKA 3.6
2 UTAH 3.6
4 SOUTH DAKOTA 3.7
Is unemployment high in the US right now?
The unemployment rate was 3.4% in January 2023
The current unemployment rate, which measures the percentage of workers who want a
job but don’t have one, has remained low as the U.S. economy continues to rebound
from COVID-19
What is the job outlook for 2023?
2023 is kicking off with a tight job market, despite recent headlines of layoffs and
hiring freezes. In December, the unemployment rate edged down to 3.5%, the lowest it’s
seen in 50 years, while demand for labor remains high — which means that candidates have
a better selection of opportunities to choose from.
4.50% to 4.75%
The Federal Open Markets Committee (FOMC) sets the federal funds rate—also known as the
federal funds target rate or the fed funds rate—to guide overnight lending among U.S. banks.
It’s set as a range between an upper and lower limit. The federal funds rate is currently
4.50% to 4.75%.
Job Corpshttps://www.jobcorps.gov
Job Corps is the largest Free residential education and job training program for young adults
ages 16–24. We connect you with the skills and education
What is the purpose of Job Corps?
Job Corps is a no-cost education and vocational training program administered by the U.S.
Department of Labor that helps young people ages 16-24 improve the quality of their lives
by empowering them to get great jobs and become independent.
Do you make money in Job Corps?
Do I get paid while I am at Job Corps? Throughout your training, you will receive a bi-weekly
basic living allowance. As your training progresses, your living allowance will increase.
After you graduate, Job Corps can help you get started on your journey with a transition
allowance.
Currently, Job Corps offers more than 300 pre-apprenticeship programs in construction, advanced
manufacturing, renewable resources and energy, transportation and automotive and machine repair
industries.Nov 14, 2022
50 States – 50 Governors aggressively growing their state economies and expanding their
economies. In 2023 the employment rate will drop below 3%. The Federal Reserve Federal Fund
Rate is far below 6% which will slow the US Economy.
What is the success rate of Job Corps?
Eighty-eight percent of all Job Corps graduates are placed in jobs, higher education or the
military. Students leave the program with industry-recognized credentials, trained and ready
to contribute in high-demand jobs including health care, manufacturing and construction. The
Job Corps works.
How much credit card debt is there in the US?
$925 billion
(According to the New York Fed, the nation’s households had outstanding credit card balances
of $925 billion as of September 2022, which includes debt on bank credit cards but not retail
credit cards. Jan 10, 2023
What percent of the US population is in credit card debt?
83% of Americans own at least one credit card. There are 1.1 billion credit cards in the
U.S. as of 2022. The average credit card debt of U.S. families is $6,270
Chase is the largest credit card company in the world, with 16.6% of all outstanding
balances.
What percent of Americans are debt free?
Image result
What percentage of America is debt-free? According to that same Experian study, less than 25% of
American households are debt-free. This figure may be small for a variety of reasons, particularly
because of the high number of home mortgages and auto loans many Americans have.
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DO ALL VETERANS/VETERAN WIDOWS/DEPENDENTS GET BENEFITS YEAR 2023
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What benefits do spouses of deceased retired Veterans get?
The Survivor Benefit Plan (SBP) provides financial support to military spouses and/or
children when a military member dies while on duty or after retirement. SBP provides
eligible beneficiaries with a monthly payment known as an annuity. The recipient of an
SBP annuity is referred to as the annuitant.https://www.ssa.gov
THIS IS THE OFFICIAL SITE OF THE UNITED STATES SOCIAL SECURITY AGENCY
What benefits are widows of Veterans eligible for?
A VA Survivors Pension offers monthly payments to qualified surviving spouses and
unmarried dependent children of wartime Veterans who meet certain income and net worth
limits set by Congress. Find out if you qualify and how to apply.
Veterans and their spouses that do qualify for the A&A Pension Benefit can utilize t
he benefits they receive to help cover the assisted living costs. The benefit can
provide upwards of $1,794 per month to a vet, $1,153 per month to a surviving spouse,
or $2,127 per month to a couple.https://www.va.gov THIS IS THE OFFICIAL SITE OF THE
VETERAN ADMINISTRATION
Who qualifies for the PACT Act?
If you are a veteran who served during the Vietnam War, Gulf War, or post-9/11 eras, you may
be eligible for new healthcare and financial benefits. The PACT Act enacted in August 2022
adds more than 20 presumptive conditions for veterans who had toxic exposures while they
served.
What else is in the PACT Act 2022?
The PACT Act provides VA with mechanisms to enhance claims processing and to increase the
workforce. The bill also invests in VA health care facilities by authorizing 31 major medical
health clinics and research facilities in 19 state
What is the new bill for veterans?https://www.va.gov/claim-or-appeal-status/
The PACT Act is a new law that expands VA health care and benefits for Veterans exposed to
burn pits, Agent Orange, and other toxic substances. The PACT Act adds to the list of health
conditions that we assume (or “presume”) are caused by exposure to these substances.
Veterans and their spouses that do qualify for the A&A Pension Benefit can utilize the benefits
they receive to help cover the assisted living costs. The benefit can provide upwards of $1,794
per month to a vet, $1,153 per month to a surviving spouse, or $2,127 per month to a couple.
What benefits can a veteran receive?
Other VA benefits to consider as a Veteran
Disability compensation. …
Support for Veteran-owned small businesses. …
Veterans Pension program. …
Aid and attendance or housebound allowance. …
Disability housing grants. …
More life insurance options. …
Pre-need eligibility determination for burial in a VA national
Do all veterans get the GI Bill?
You may be eligible for benefits through the Post-9/11 GI Bill if you’ve served on active
duty for at least 90 days, whether continuous (all at once) or interrupted (for shorter
periods over time), after September 10, 2001.
What is the GI Bill for veterans?
GI Bill benefits help you pay for college, graduate school, and training programs. Since 1944,
the GI Bill has helped qualifying Veterans and their family members get money to cover all or
some of the costs for school or training. Learn more about GI Bill benefits on this page—and
how to apply for them.
What are the two types of GI Bills?
Montgomery GI Bill – Active Duty (MGIB-AD) Montgomery GI Bill – Selected Reserve (MGIB-SR)Does
the GI Bill cover 4 years of college?
Under the Post-9/11 GI Bill, veterans who serve at least 36 months of active duty are eligible
for coverage of up to 36 months of college or career training. That’s enough for nine months of
education every year for four years. Benefits also include a monthly housing allowance and
$1,000 stipend for books and supplies.
How many times can a veteran use the GI Bill?
You get 36 months of full-time GI Bill benefits and have no time limit on when you need to
use them by. If you left the military before Jan. 1, 2013, your benefits expire 15 years from
your discharge (if using the Post-9/11 GI Bill). If you are using the Montgomery GI Bill you
have 10 years to use your benefits.
How many years do you have to work to get full GI Bill benefits?
Eligibility for 100% of Post-9/11 GI Bill benefits
You’re eligible for 100% of the full benefit if you meet at least one of these requirements: You
served on active duty for a total of at least 1,095 days (at least 36 months), or. You served on
active duty and received a Purple Heart on or after September 11, 2001, or.Nov 17, 2022
What benefits do all Veterans get?
All enrolled Veterans receive the Department of Veterans Affairs (VA’s) comprehensive Medical
Benefits Package which includes preventive, primary and specialty care, diagnostic, inpatient and
outpatient care services.
What happens to GI Bill if you don’t use it?
You have 10 years to use your Montgomery GI Bill (MGIB) benefits after you separate from the
military. If you don’t use your benefits in this time frame, you may be able to get a refund of
part or all of your payments into this program.
What is the 48 month rule with GI Bill?
help eligible Veterans maximize their education benefits. Now, Veterans who use Veteran Readiness
and Employment (VR&E) benefits prior to using any other VA education program, such as the
Montgomery GI Bill or Post-9/11 GI Bill, can still use up to 48 total months of the other
educational assistance benefit program.
When a Veteran dies does the spouse receive benefits?
If you’re the surviving spouse or child of a service member who died while on active duty,
your military casualty assistance officer will help you to complete an Application for DIC,
Death Pension, and/or Accrued Benefits by a Surviving Spouse or Child (VA Form 21P-534a).Oct 12, 2022
What are the 4 types of Veterans?
Under VEVRAA, a veteran may be classified as a ”disabled veteran,” ”recently separated
veteran,” ”active duty wartime or campaign badge veteran,” or ”Armed Forces service medal veteran. ”
What’s today’s quote of the day?
Image result for daily motivational quotes
Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.
What are the 5 positive quotes?
You can do it quotes
“Do the best you can. …
“Do what you can, with what you have, where you are.” ―Theodore Roosevelt.
‘It’s never too late to be what you might’ve been.” ―George Eliot.
“If you can dream it, you can do it.” ―Walt Disney.
“Trust yourself that you can do it and get it.” ―Baz Luhrmann.
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UNEMPLOYMENT CLAIMS 186000 CREATING INFLATION YEAR 2023 OVERHEATED ECONOMY
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In the week ending January 21, the advance figure for seasonally adjusted initial claims was
86,000, a decrease of 6,000 from the previous week’s revised level. The previous week’s level
was revised up by 2,000 from 190,000 to 192,000.
News Release – U.S. Department of Laborhttps://www.dol.gov › data.
When you do the math, if the number of initial claims continue to fall, a decrease of 6000
per week by October 1, 2023 no one will be claiming unemployment benefits initially.
According to the Federal Reserve definition of full employment is 4.00%. Currently the
United States of America rate of employment is 3.5%.
The Federal Reserve hope policies has failed to slow the economy down and inflation
is still to high.
The Federal Government continue to stimulate the economy with billion of dollars to Social
Security individuals, billions of dollars in earned income and billions more in the Inflation
Reduction Act, not mention the Chip Bill which recently passed.
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The Federal Reserve also stimulating an overheated economy with a Federal Fund Rate of 4.25%.
(What is the federal funds rate now?
Effective Federal Funds Rate is at 4.33%, compared to 4.33% the previous market day and 0.08% last year).
This low Federal Fund Rate stimulate the US Economy as stated by Federal Reserve Chairman J Powell
whom would like to increase the rate above 5%.
How high will interest rates go in 2023?
The Federal Reserve’s projections released after their December meeting showed that in 2023
the bank expects the FFR to average around 5.1 percent.
What is the Federal Reserve target interest rate?
4.25% to 4.50% Added: %
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The Federal Open Markets Committee (FOMC) sets the federal funds rate—also known as the federal
funds target rate or the fed funds rate—to guide overnight lending among U.S. banks. It’s set
as a range between an upper and lower limit. The federal funds rate is currently 4.25% to 4.50%.
Will Chairman Powell increase the Federal Fund Rate by 50 bps next week is yet to be seen????
The US Economy will not slow down. 50 Governors, 50 States, the consumers and the Federal
government spending will continue to expand and grow the US Economy all of 2023.
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How much is reserve cash?
While you’re working, we recommend you set aside at least $1,000 for emergencies to start and
then an amount that can cover three to six months of expenses. When you’ve retired, consider a
cash reserve that might help cover one to two years of spending needs.
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