Fed Projections Suggest Three Rate Cuts in 2024

Fed Projections Suggest Three Rate Cuts in 2024

As expected, the Federal Open Market Committee (FOMC) decided to keep the target range for the federal funds rate at 5.25 to 5.50 percent for the fifth consecutive meeting, as it wants to “gain greater confidence that inflation is moving sustainable toward 2 percent”...
The Economic Implications of the UAW Strike

The Economic Implications of the UAW Strike

The strike is a real reminder of the importance of having a cash safety net The United Auto Workers (UAW) strike is looming large and with it comes the potential for significant economic repercussions. With estimates suggesting that $440 million worth of income could...