The Fed Pauses Rate Cuts – But AI Wealth Is the Real Story

The Fed leaves rates unchanged… when we might get the next cut… consumer confidence plummets… but 401(k) wealth soars… how to be on the right side of this divideAs I write on Wednesday afternoon, the Federal Reserve just wrapped up its January FOMC meeting. The decision went exactly as expected – no rate cut.The Fed held its benchmark rate steady at 3.50% to 3.75%, marking the first pause after three straight cuts in the back half of last year.Now, the real question wasn’t what the Fed would do today. It wa ...