Hidden tax hike? New retirement rule hits Americans earning $145K and up
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The Federal Reserve announced a 0.25% interest rate hike on Wednesday—the first increase since 2018, while also forecasting a more-than-expected six additional hikes this year, as the central bank looks to combat surging inflation and ease concerns about the economic impact from Russia’s invasion of Ukraine. Read more: https://www.forbes.com/sites/sergeiklebnikov/2022/03/16/federal-reserves-long-awaited-rate-hike-is-here-powell-announces-025-increase/?utm_source=FBPAGE&utm_medium=social&utm_camp
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There’s great certainty that the U.S. Federal Reserve will hike interest rates on Wednesday. The question is whether this will be the last one or if there’s more to come. In the latest Advisor Lookahead, assistant editor Rajeshni Naidu-Ghelani takes a closer look. | The Globe and Mail | Facebook
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