The federal reserve increased its benchmark overnight lending rate this week. Steve discusses the fed's motivation for the move and what impact a rate hike has on the markets, inflation, and the economy. Steve also discusses the central bank's plans for additional rate increases during the remainder of this year along with their projection for 2019.
Next, Chris Gibbons of the Cordasco Financial Network team discusses the impact of tariffs on international trade, then delves into the many reasons for optimism about the future of our economy.
Then, CFN's John Walker and Jim Tate CPA team up to host an informative segment on tax optimization and tax planning. They discuss several tax related financial planning issues that deserve attention during tax season, and throughout the entire year. They also discuss several noteworthy tax law changes occurring in 2018.