After four years, the Federal Reserve has finally cut the Fed Funds rate by 50 basis points, bringing the target range to 4.75% - 5%.
Expectations point to another 50 basis points in cuts for 2024 and a total of 100 basis points by 2025. Fed Chair Powell remains optimistic, stating the economy is 'very solid' and sees no elevated risk of a downturn.
In this episode, I'll break down what this rate cut means for real estate, stocks, and—most importantly—your retirement, focusing on the impact to your safe withdrawal rate.
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Related posts:
Maximizing Real Estate Returns In A Multi-Year Interest Rate Cut Cycle
Increasing The Safe Withdrawal Rate For Retirement At The WRONG Time
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