This week, the federal reserve met and basically gave no hints at what they were thinking as far as rate decreases or holding steady. They did release the dot plot, which is the estimate of where rates will be, although interesting… it does change frequently so we move forward, but note the circled area of estimated final landing at a much higher rate than the last decade or so.
Interest rates did take note of the FOMC – (Feds Statements) and began going down, (bonds up … rates down), with our North Star Researcher thinking that the Consumer Price Index (CPI) is going to drop dramatically next month, look for possible rate decreases, and interest rates leading the charge lower/bond higher if all is correct.
Corrected Tax Forms at the Starting Line
Waiting with bated breath, the inevitable big round of Corrected 1099 Misc Tax forms happens next week, yes, you can call us nerds…. The shoe certainly fits, we have spoken with a lot and you have graciously as mentioned last Friday waited at the starting gate for the greenlight, along with many tax professionals also having patience!
Ahhhh .. today is a Friday, heading into the last week of March, can you believe that! We had a very windy week which led to lots of sniffing both in the Homestead and at the office and the city… Hopefully this too shall pass, not too long before we will be complaining about the triple digit Temperatures, but that is later in the Summer! Talk next week!
John A. Kvale CFA, CFP
AI Content Authenticity: AI created the tax forms in the starting gate. All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
