Welcome back to another episode of Dollars & Sense with your hosts Marc and Marion.
There’s been a lot of speculation surrounding the 2 pm Fed Meeting today (1/31/24) and whether they’re going to lower interest rates. Our guess as well as most analysts out there, is that they will not be lowering interest rates – at least for now. However, word on the street suggests there could be up to four rate cuts this year. That’s important because essentially the 10-year Treasury Bond is priced off those rates. So, why is that important? If you weren’t aware, mortgages are priced off the 10-year bond. Have we got your attention yet?
Tune in to this week’s episode of Dollars & Sense as Marc and Marion talk about what the impact of a drop in interest rate means in a language you can understand.
A full complement of Dollars & Sense broadcasts found here.
During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.
Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.
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