Brian Kuhn CFP®, CLU®, Senior Vice President and Financial Advisor at Wealth Enhancement Group was featured by CBS in “Savings Account Interest Rate Forecast: What Experts Predict for This Year, 2024.”
"For 2024, we could see the Fed stop raising rates and possibly start lowering them. This could negatively affect savings rates, but it's unlikely we would see the pace of lowering be as fast as the increases that occurred over the last 18 months," says Kuhn.
Access the full article authored by Jake Safane here.
This information is not intended as a recommendation. The opinions are subject to change at any time and no forecasts can be guaranteed. Investment decisions should always be made based on an investor's specific circumstances.
