Stacy Francis Quoted by CNBC: 3 financial strategies to prepare for the shifting rate cycle
3 financial strategies to prepare for the shifting rate cycle — one is a ‘no brainer,’ advisor says
Stacy Francis, President and CEO of Francis Financial met with Jared Mitovich from CNBC to discuss financial strategies to prepare for shifting interest rates.
CNBC spoke with several financial advisors about how consumers can make the most of their money as the market anticipates the end of the Fed interest rate hike cycle and inflation declines closer to its target rate of 2%. The first place to look: is your savings account.
“The no-brainer, and quite frankly, easiest thing to do is take that money that you have sitting in cash and make sure that you’re getting the most from it,” said certified financial planner Stacy Francis, the president and CEO of Francis Financial in New York City. Francis is also a member of CNBC’s FA Council.