As you likely know by now, the Federal Reserve cut interest rates by 0.50% this week. While we have been under the impression that rates would fall for virtually all of 2024 (and have been having discussions with clients to that end for many months as a result), I certainly understand that things aren’t top […]

For the first time in over four years, the Federal Reserve lowered the Fed Funds interest rate during its meeting on Wednesday of this week. The reduction in rates (known in financial circles as a “cut”) was 50 basis points (0.50%), making the new target range of the Fed Funds rate 4.75-5% The size of […]