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Interest Rates
In June, the Federal Reserve raised its target rate a quarter of a percentage point, the second hike in the federal funds rate this year. In announcing the increase, Federal Reserve Chair Jerome Powell stated as the main takeaway that “the economy is doing well.” He went on to say, “Most people that want to find jobs...
During times of rising interest rates, you’ll get greater control—and more peace of mind— by focusing on individual bonds and bond ladders. Around 1980, the mortgage rate on my first home loan was 16%. Then began a 30-year downward trend that didn’t begin to reverse course until earlier this year. Although average mortgage rates still...
Original article by Stephen J. Entin at The Tax Foundation Stephen Entin, a Senior Follow at The Tax Foundation, recently wrote about the increase in interest rates, likely due to the passing of the Tax Cuts and Jobs Act (TCJA), and drew a number of conclusions: Pro-growth provisions in TCJA are expected to raise returns...

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