Social Security gets extended but could still run out of money in 2035
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Mike Armstrong and Marc Fandetti discuss how the Fed is shifting expectations on interest rate cuts for the second half of the year. Social Security gets some good news as expectations are the administration has enough funds to cover till 2035. Massachusetts eyes a mansion tax to fund affordable housing. The Fed's reluctance to cut rates is making it harder for emerging markets.