One of the major influencers on the Fed setting rate is GDP. I don’t think GDP is a direct factor to specific things in people’s lives. It’s a macro indicator.

One of the major influencers on the Fed setting rate is GDP. I don’t think GDP is a direct factor to specific things in people’s lives. It’s a macro indicator. It’s still useful to know and relevant to our lives. Or maybe another way to say it is that there are many things directly relevant to our lives and they are all part of GDP.