Burns Estate Planning: What will interest rates look like in 2025? [Video]

MOBILE, Ala. (WALA) – What will interest rates look like in 2025? Chris Burns with Burns Estate Planning & Wealth Advisors joined Chelsey on FOX10 Midday to share more information.

With the 2024 Presidential election concluded, many are wondering what the outlook for U.S. monetary policy will be in 2025. What could a second term for Donald Trump mean for interest rates?

Christ says, “We’ve seen in the economy lately is a pretty strong labor market, inflation gradually coming down, and growth holding steady. In this environment, I believe the Federal Reserve will be cautious about aggressively cutting rates. The Fed has been tightening policy for a while now, and with the economy remaining resilient, they may feel that they don’t need to make additional cuts to stimulate growth.”

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