How the Fed’s Interest Rate Cut Could Affect Military Families

How the Fed’s Interest Rate Cut Could Affect Military Families

Source: Military.com | By JJ Montanaro

Marine Corps Gunnery Sgt. Patrick Dooley, assigned to the 12th Marine Corps District, tours Broadway Pier with his daughter during Fleet Week San Diego 2023.

As a military retiree and a financial planner, I’ve seen firsthand how the unique challenges faced by the military community amplify changes in the economy and U.S. government policy.

On Sept. 18, the Federal Reserve implemented a larger-than-expected, 50-basis-point (0.5%) interest rate cut, and while many may view this through a broad economic lens, I want to take a moment to look at how this affects military families, in particular. Follow link to read more. https://bit.ly/3N7omG4