Right now, short-term interest rates are on the rise with the Fed signaling a willingness to keep increases inching upward in attempts to stabilize inflation. In a rising-rate environment, all cash should be seen as a valuable asset in the marketplace.
As we celebrate Independence Day this year, our team at three+one thanks you for the public service you provide to your community.
We’ve been asked what our outlook is on the value of cash in 2023. “Just like it was in the 1990s: 6.0%+.” It just has to be managed correctly.