Lakeland Wealth Management
9 posts
The IRS has announced new income tax brackets for 2024, with changes that could save households with stagnant income a lower tax bill.
The Consumer Price Index climbed 4 percent in the year through May, well below the recent peak of 9.1% last June and down from April's 4.9% increase.
Tighter credit conditions, recent banking turmoil, and higher mortgage rates gave a well-needed break to the acceleration of Fed rate hikes. Instead, they gave a false signal to the markets as the Fed was going to slow its pace.
