The Fed unanimously agreed to raise rates by .75% during Wednesday·s meeting of the FOMC, reflecting their belief that the labor market is strong enough for them to take more aggressive measures to curb inflation without a major impact on employment. Steve and Nathan discuss the state of the economy. Also, our MoneyTalk Moment in Financial History covers a period that shaped the national ethos that still lives on today, the California Gold Rush. Hosts: Steven Beauvais & Nathan Beauvais, EA, CFP®; Air Date: July 27, 2022 See omnystudio.com/listener for privacy information.