July 26, 2018 | WealthManagement.com

Estate Planning with Interest Rate Hikes

1 min

On July 26, 2018, Sarah Kahl published "Estate Planning with Interest Rate Hikes" in WealthManagement.com. An excerpt:

As economists predicted, on June 13, the Federal Reserve raised its benchmark interest rate, the federal funds rate, to 2 percent. Chances are good we will see additional increases this year.

These rate hikes typically correspond to an increase in short-term Treasury yields. The Fed has signaled optimism about the state of the economy, so we’re also likely to see increases in interest rates for longer-term lending.