Will Social Security be there when I retire?
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Mike Armstrong and Paul Lane discuss the expectations that central bankers will leave interest rates steady at a 22-year high of 5.25% to 5.5%. Cooling inflation provides a reason not to raise rates, but a strong economy doesn't justify starting to sound dovish. US paychecks grew faster than expected in the third quarter. Will Social Secutiry be there when I retire? Money-market funds are seeing record interest, but advisors say cash is no substitute for stocks and bonds.
