Lower them or leave them - what should Powell the Feds do with interest rates?
New Focus on Wealth with Chad Burton
English - July 31, 2019 01:00 - 38 minutes - 8.95 MB - ★★★★ - 60 ratingsInvesting Business News estate financial investing planning retirement wealth certified financialadvisor financialplanner fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: More than a number –Six tests to determine retirement readiness
Right now the Feds are in a no-win situation. Leaving rates where they are is risky and Powell would be to blame for any signs of a recession. Alternatively, if they follow the data and were considering lowering rates anyway it will look as if the Feds have caved to Trump’s pressure. What should we do in an economy where we don’t want a strong dollar right now? Other topics include:
Gold hedge against inflation Expansion of Government debt Can you lose your home due to outstanding medical bills? What mutual funds or ETF’s should Andy invest in?
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