Something Ventured

The IRS has announced new income tax brackets for 2024, with changes that could save households with stagnant income a lower tax bill.

On top of all the geopolitical headlines the money and bond markets have had to contend with of late, there has been another news story that has recently garnered its own fair share of headlines: a new Fed chair.

Despite sticky inflation, the Fed reiterated that rate cuts were still on the table for this year, while several leading money center banks forecasted lower growth for the remainder of 2024 due partly to inflation and higher-than-expected rates.