Tighter Monetary Policy Ahead

The dominant theme at Jerome Powell’s congressional hearing was inflation. No surprise there. The full article is available on Reuters. 

He said he now thinks inflation will ease by the middle of 2022. And that: “the economy should weather the current COVID-19 surge with only ‘short-lived’ impacts and [that it] was ready for the start of tighter monetary policy.”

Tighter Monetary Policy Ahead

Do you have the bandwidth to manage these changes as they come down the pipeline?

Financial professionals, like our team at Wisepath, are focused on understanding how evolving policies might impact your financial goals.

The Fed has had a very full slate to start the year: addressing inflation, considering adjustments to monetary policies and how they may relate to job growth. While no official word was given during the hearing,  analysts expect higher interest rates to begin in March.  

Do you have the bandwidth to manage these changes as they come down the pipeline? Financial professionals, like our team at Wisepath, are focused on understanding how evolving policies might impact your financial goals. Schedule a time to have a conversation. It may be worthwhile to look at your plan with fresh eyes.

As always, you can give us a call: (844) 947-3728; or schedule an appointment at your convenience. You can also complete the form below.