As the Coronavirus causes volatility in the financial markets, the Federal Reserve lowers a key interest rate. What is the reason for this predictable move? Did it go far enough, or are more cuts likely?
What does the Fed’s decision to cut interest rates for the second time this year mean for the economy and your investments?
What might higher inflation (and correspondingly higher interest rates) mean for your portfolio? Under such conditions, your investments may perform better than you think. But caution may be in order.