The Fed Hiked, the Market Went Up, and Your Savings Earns More — Here's Why | Good Returns

The Fed raised rates for the first time since 2023 this week. The market finished higher. Long-term Treasury yields actually fell. And your savings account is now earning more. Not the week anyone predicted. In this week's Good Returns, Matt and Garrett explain why the market reacted the way it did, make the case that this rate hike may be fighting a problem that interest rates can't solve, and — in the Planning Room — what higher rates mean for your savings account and what to do if you have an adjustable rate mortgage in a higher-for-longer environment. 🔔 Subscribe for jargon-free deep dives into your wealth. 💬 Question: Do you have an adjustable rate mortgage — and has the rate environment changed your plans? Let's talk below. This video is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.