Be Well: What the Federal Reserve's Rate Hike Pause Means for Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about what the Federal Reserve's decision to pause rate hikes after 10 consecutive increases means for the economy. "I definitely believe there's going to be rate hikes. My thinking is it will probably go up in July," he said.
We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.