Dave Friedman is Co-Founder and CEO of Knox Financial, the smart and frictionless way to turn a home into an investment property.
News coming out of the Federal Reserve often goes pretty much unnoticed to everyone except professionals in economics, finance or real estate. As everyday Americans begin to consider how to plan for their financial futures in 2021 and beyond, a couple of recent moves at the Fed are worth a closer look.
First, the Fed told us it was “not even thinking about thinking about raising rates.” Then, in September the Fed announced a near-zero policy through the end of 2023. The reason for this, it cites, is a goal of lowering unemployment. The Fed’s mission is to support full employment while controlling inflation. With the official U.S. unemployment tally coming in at more than 10 million (and some estimates as high as 30 million), the