Tag Archive for: federal interest rates

You May Be Able To Deduct More From Your Income In 2024, IRS Says.

The IRS announced annual inflation adjustments for tax year 2024 in a Nov. 9 news release. More than 60 provisions were revised, including standard deductions and all seven tax brackets. The changes will apply to income tax returns filed in 2025. Here’s how the revisions will impact you.

15 Years Of Low Interest Rates Reshaped The U.S. Economy. Here’s What’s Changing As Rates Stay Higher For Longer

The Federal Reserve is in the midst of its fastest interest rate hiking cycle in the modern era, setting up the U.S. economy for conditions not seen in generations.

The Fed Could Keep Lifting Rates Sharply ‘For Some Time’

A stark message was just delivered by Federal Reserve Chair Jerome Powell: "The Fed will likely impose more large interest rate hikes in coming months." He also warned more explicitly than he has in the past that the Fed’s continued tightening of credit will cause pain for many households and businesses. CLICK ON THE HEADLINE FOR MORE

Fed Rate Cut, Trade Wars: How To Know If You Have Too Much Risk In Your Portfolio

It could be time to rebalance or check to see that your investment mix still lines up with your goals. Things to consider include how much time you have until retirement and other goals. CLICK ON THE HEADLINE FOR MORE

How Your Money Might Be Affected If The Fed Cuts Interest Rates

How would a rate cut — the first since 2008 — impact the average consumer? While it’s hard to predict, generally, a rate cut is good for borrowers, bad for savers, and mixed for investors. CLICK ON THE HEADLINE FOR MORE

Interest Rates Are Finally Rising. Are You Ready?

As interest rates increase, bond values inside funds will fall, and depending on the characteristics of the fund may decline more than the cash income, resulting in permanent capital losses. CLICK ON THE HEADLINE FOR MORE