Paul J. Brahim, CFP®, CEPA®, Senior Vice President, Financial Advisor, and Managing Director at Wealth Enhancement, was featured by Pittsburgh Post-Gazette in the article, “The era of cheap money is over. What higher rates mean for you”
“When the Fed sets this rate, all other rates, as determined by the market, tend to follow suit,” Brahim said. “Essentially, the fed funds rate direction is the barometer for future market activity. Markets key off of that rate.”
Access the full article here: Here’s how the Fed’s latest rate increase will impact borrowers and investors | Pittsburgh Post-Gazette
