2 Question Tuesday – 09/17/2024 – What Will The Fed Do With Interest Rates This Week? How Should People Plan For The Estate Tax Exemption Being Cut Next Year?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- What will the Fed do with interest rates this week?
- How should people plan for the estate tax exemption being cut next year?
Phil, Mike, and Larry discuss the consumer price index hitting its lowest level in three years and what they expect the Federal Reserve to do at its policy meeting this week. Will it be quarter-percentage-point cut or a half-percentage-point? And how will the market react? They then discuss the estate tax exemption, which will be cut nearly in half at the end of 2025, and what people should do to plan for the change.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.