Fed Wraps Up First 2-Day Meeting Of The Year

The Fed ending it's first 2-day meeting of the year today and because the economy is strong --there are no expectations for any interest rate cuts anytime soon. Bankrate's Greg McBride says with 3 cuts last year alone it's not likely there will be another cut anytime soon. The good news is mortgage rates are below the 4-percent mark so this is a great time to buy a home or refinance. He says you should also start thinking about re-balancing your portfolio of stocks because the market is so stable.


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