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Fed Slashes Rates: What's the Deal and Why You Should Care

  • CPA (US)
  • CPA/PFS
  • CFIRS
  • CWS

Published : October, 2024

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Free (Only Today)

0.2 Credit

Subject Area

Finance

Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The Federal Reserve's recent massive rate cut is making waves, and you'll find out how it affects your financial world. With borrowing rates plunging, could this be a lifeline for homeowners, businesses, and even your holiday shopping? Or will it spark a new wave of economic risks and borrowing frenzy? This nano-learning course will discuss what this rate cut means for mortgages, car loans, and savings while diving into its broader economic implications. Get ready for insights into how these shifts might impact your wallet and the financial landscape. 

By the end of this course, you'll be better prepared to navigate the ripple effects of these significant economic changes and have the practical knowledge to make informed decisions in your financial life. 

Major Topics: 

  • Economic Impacts of the Rate Cut 
  • Borrowing and Saving in a Changing Landscape 

Please be aware that not all state boards universally recognize Nano-learning. If you are unsure about your state board's acceptance of Nano-learning, it's advisable to seek clarification from them or visit the NASBA registry for further information.

Learning Objectives

  • Identify how the rate cut affects consumer loans and savings. 
  • Recognize potential economic risks tied to borrowing and financial stability.

Course Qualification

Webinar Qualifies For

  • 0.2 CPE Credit of Finance for Certified Public Accountants (CPA-US)
  • 0.2 General Credit of Finance for Accountant/Bookkeeper/Tax Professionals
  • 0.2 CPD Credit of Investment Planning for Personal Financial Specialist (PFS)
  • 0.2 CE Credit of Financial Planning for Certified Wealth Strategist (CWS)
  • 0.2 CE Credit of Financial Planning for Certified Fiduciary and Investment Risk Specialist (CFIRS)
  • Click here to view the List of states which accepts Nano Learning CPE Credits

Additional details

  • Course Level :
    Basic
  • Credits :
    0.2
  • Instructional Method :
    Nano Learning
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Dr. Drew Stevens founder of Wisdom to Wealth, works with individuals that grapple with finances and transforms them into wealthy professionals with the liquidity and lifestyle they desire to live with profound longevity to create a legacy. He specializes in coordinating Social Security and retirement income benefits. Drew holds the industry's most prestigious designation: NSSA© - National Social Security Advisor.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
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  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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