This month’s Retirement Times discusses the following:
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From our colleagues at our sister company, Argent Trust: Announced this morning, Personal Income grew 0.3% in February, slightly higher than expected. Personal Spending increased 0.2% in February, which was less than expected and markedly lower than the previous...
March Madness • The Fed increased interest rates by another 25 basis points, raising the targeted range of 4.75% to 5%, the highest level in 15 years. • Failure of Silicon Valley Bank and Signature Bank resulted in a market reevaluation of regional bank risk....
At the conclusion of yesterday's FOMC meeting, another 25bp rate hike was announced, raising the Fed Funds rate’s target range to 4.75 – 5.00%. Let’s dig into the statement, the SEP, and the press conference to see what more we can glean from today’s announcement. The...