In September of 2022, The Fed increased the federal funds rate to a range of 3% - 3.25%. This was major news in all major media outlets. But many people don't understand the reason why this was considered such a big deal! Find out why in this week's episode of FinCap Friday below:

If you're short on time for this activity, try our simplified No Tech version containing embedded questions right in the slide deck!

Check out all our FinCap Friday episodes here. They're not date-dependent so many of the 170+ in our catalog dating back to August 2018 may work throughout the coming year!

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!