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Episode 134: What does the Fed hike mean to me?
Episode 134: What does the Fed hike mean to me?
In Episode 134 of Doctor’s Wealth and Wellness, “What does the Fed hike mean to me?”, Norm Wright explains what the Federal Reserve’s mid-September rate increase to a 3.75–4% target range—and near-7% average 30-year mortgage rates—means for employed physicians under 50. He frames the hike as a cash-flow problem, not a reason to freeze, and outlines three decisions: keep a 3–6 month emergency buffer in a liquid high-yield account while moving surplus into the usual priority accounts (403(b), 4...