Markets are full of numbers. Big ones. Small ones. Nonsensical ones. But what is the most influential number in investing? Is it the oil price? Or the interest rate set by the Fed? Or perhaps the strength of the dollar? We debate seven different rates and prices in attempt to crown The World’s Most Important Number. And in the Dumb Question of the Week: Why does the Fed set its policy rate as a target range? Selected links How the Fed Implements Monetary Policy with Its Tools — St Louis Fed How Does the Fed Influence Interest Rates Using Its New Tools? — St Louis Fed---Get in touch ? mhr@pensioncraft.com ? many-happy-returns.captivate.fm --- Join PensionCraft ? Become a member at pensioncraft.com ▶️ Subscribe on YouTube ---Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2023 Many Happy Returns