If you need assistance, please call 828-279-0998

  • Christmas in the mountains episode on Selling AVL and plans to drop interest rates in 2024!

    Thursday, December 14, 2023   /   by Amy Brown

    Christmas in the mountains episode on Selling AVL and plans to drop interest rates in 2024!

    Things are looking up for 2024! 

    Screenshot 2023-12-14 at 9.23.20?AM.png

    The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. C
    ommittee members penciled in at least three rate cuts in 2024. Markets, though, followed up the meeting and Chair Jerome Powell’s press conference by pricing in an even more aggressive rate-cut path, anticipating 1.5 percentage points in reductions next year.

    The committee’s “dot plot” of individual members’ expectations indicates another four cuts in 2025, or a full percentage point.

    “Inflation has eased from its highs, and this has come without a significant increase in unemployment. That’s very good news,” Chair Jerome Powell said during a news conferenceFed officials see core inflation falling to 3.2% in 2023 and 2.4% in 2024, then to 2.2% in 2025. Finally, it gets back to the 2% target in 2026.

    See the full CNBC article at https://www.cnbc.com/2023/12/13/fed-interest-rate-decision-december-2023.html

    Episode #2 Christmas in the Mountains

    Join Marena and I as we talk about some of our favorite Christmas memories and things you won't want to miss this holiday season!

    Happy Holidays.png

    Click here for the video https://youtu.be/LMnuNS02YLk?si=iG9Z6Wqq3MmHiVjv

    Have a wonderful day full of Christmas cheer!