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 Reserve Account Deposit Coupon 2024-2025

2024-2025 Form

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- [Narrator] With inflation hovering around its highest rate in 40 years, the Federal Reserve is expected to raise interest rates several times in 2022. This is Fed chairman Jerome Powell on what will be needed to ensure a long economic expansion. - That's gonna require the Fed to tighten interest rate policy and do our part in getting inflation back down to our 2% goal. - [Narrator] The way the central bank does this is by changing the federal funds rate, its main tool for managing the economy. You can see on this chart that the rate was lowered to nearly 0% in 2020 to boost the economy at the beginning of the pandemic. - There is an important job for us to move away from these very highly simulative monetary policy settings. - [Narrator] Adjustments to the federal funds rate influence a range of borrowing costs, from how much you own your credit card to mortgage rates. They also shape broader decisions made by companies, like how many people to hire or whether to raise prices

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