John Boyd quoted on NextAdvisor
The Best Savings and CD Rates Could Rise Even Higher After Next Week’s Fed Meeting
“There will probably be a 50 basis rate hike instead of a 75 basis point rate hike,” says John Boyd, CFP and founder of MDRN Wealth Investment, a financial planning firm in Scottsdale, Arizona. But he’s not counting out the chance that rates will still go up in 2023, too. “That doesn’t mean that we’re not going to see the Fed funds rate at five or even higher next year, and stick at that level for some time.”
John Boyd is the owner and chief investment advisor at MDRN Wealth, an investment and financial advisory firm located in Scottsdale, AZ. MDRN Wealth provides wealth management and financial planning to individuals and their families with a focus on employee stock options and other executive payment structures to help his clients limit tax liabilities and growth their accumulated wealth.