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   Informed Decisions

         Financial Planning Blog

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The Impact of Low Interest Rates

The Federal Reserve cuts the federal funds rate to reduce the price of money to encourage borrowing and discourage saving. Their goal is to get more money into the economy rather than sitting in the bank.

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Stay Calm and Focus on What You Can Control

The current drop in the market is different than many previous market declines because it is driven by one event, the coronavirus. Although this creates tremendous uncertainty, this crisis will pass, and life will return to normal once the virus is under control.

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