Subtitles & vocabulary
How a Fed Interest Rate Increase Could Affect You | WSJ
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moge0072008 posted on 2022/04/23Ever wondered how a Federal Reserve interest rate hike actually impacts your wallet? This WSJ explainer breaks down everything from mortgage rates to credit cards and even your retirement savings! You'll pick up some super useful vocabulary for understanding daily financial news.
Video vocabulary
interest rates
US
・
UK
- Noun (plural)
- The percentage of a sum of money charged for its use.
- A key indicator of economic health, influencing investment and spending.
B1
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US /ˈɪntrɪst ret/
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UK /ˈintrist reit/
- Phrase
- Noun
- The specific percentage charged on a loan or investment.
A1
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US /ˈfɛdərəl rɪˈzɚv/
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UK /ˈfedərəl riˈzə:v/
- Proper Noun
- The central banking system of the United States.
B1
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