Latest News from Newealth

1 Feb 2024

US Interest Rates: Down, down, down

Looks like it is all over for interest rate hikes.

The question now is how much will the Federal Reserve cut?

Market is thinking 2.5% from the current 5.25%-5.50% but it could be bigger if the United States finds itself falling into a deeper recession.

Click for chart.

Just remember, when the United States and or Australia do go into their next recession the outcome will be the same, investors will be presented with an opportunity to buy more quality asset at a discounted price.

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At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

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