Fed More Upbeat on Economy as Midyear Rate Hikes Still in Play

Best Selling Author Matt Golab and Chief Advisor for Aaron Matthews Financial Resources discusses the Fed's perspective on the midyear rates.
 
 
matt
matt
ELK GROVE, Calif. - March 9, 2015 - PRLog -- This is the title of an article on MarketWatch which posted on the site Wednesday the 18th. It discusses the Fed's statements that lead investors to believe that they will still be raising rates later this year which is virtually identical to their statement in December.

While most consumers do not feel very confident about their current financial situation, job prospects, or the overall economy the Fed feels that things are looking up.
  "For instance, the U.S. central bank was more upbeat about the real economy, citing "solid" growth    "strong" job gains and expressed no concern with the global economic outlook."

Markets responded to these statements by turning slightly negative after having a mild day in the positive. The S&P turned negative along with oil prices as a side note, dropping below $44.50 a barrel.

One thing that will be considered in the future as rate decisions are made will be international developments. International issues continue to develop each day with just a number of days ago the European Central Bank starting its own bond-buying. This was need to address economic weakness in the regions tied to the euro.

With these statements from the Fed this causes many to believe that rate hikes will not be increasing for at least the next two policy meetings. If rates begin to raise by the middle of the year that puts us at nearly 6 years at nearly zero interest rates.

For savers and the retired this is devastating since they have earned nearly nothing on their accounts for all these years. This has forced some to take dangerous risks by investing into the stock market which could further destroy their balances. Others have dramatically changed their lifestyles to accommodate the drops in their supplemental income.

Matt Golab
Aaron Matthews Financial Resources

Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.

Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years.  The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.

He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans.

Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.

Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.

Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market".

Contact information for Matt is available at his website, http://www.aaronmatthewsfinancial.com/

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.

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Tags:Matt Golab, Aaron Matthews Financial, Market Watch, Retirement Income
Industry:Banking, Financial
Location:Elk Grove - California - United States
Subject:Reports
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