Magazine Archive

Magazine Archive

Understanding Medicare Part D Changes in 2025
Northampton Living Artist Dynamix Northampton Living Artist Dynamix

Understanding Medicare Part D Changes in 2025

We are officially in a new economic cycle. The long-anticipated September Federal Reserve meeting brought news many economists had predicted: the Federal Reserve lowered its Federal Funds Rate by 0.5%. This marks the first cut since March 2020. The Fed Funds Rate is the rate at which banks lend to each other overnight. Lowering this rate stimulates the economy by reducing credit card rates, promoting hiring, and keeping unemployment low. However, it may also lead to lower yields on savings accounts and certificates of deposit.

Read More