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Posted 2 y ago
Responses: 1
LTC Eugene Chu
...'Federal Reserve Chairman Jerome Powell suggested in a press conference that he expects there will be additional half-percentage-point rate hikes for at least the next few meetings.
Hiking rates to tame inflation will make borrowing more expensive, and it also has the potential to cause a recession. But there are a few ways to situate your money so that you can benefit from a rising rate environment, while also protecting yourself from its downside."...
...'Federal Reserve Chairman Jerome Powell suggested in a press conference that he expects there will be additional half-percentage-point rate hikes for at least the next few meetings.
Hiking rates to tame inflation will make borrowing more expensive, and it also has the potential to cause a recession. But there are a few ways to situate your money so that you can benefit from a rising rate environment, while also protecting yourself from its downside."...
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