What does this era of "peak interest rates" mean for investors?

The market has been betting (incorrectly so far) that the Fed would cut rates in 2024. Here’s how investors should prepare for today’s “peak interest.” How Investors Should Respond to “Peak Interest Rates.” Beginning in 2022, the Federal Reserve began aggressively raising interest rates in response to soaring inflation. In a short period of time, the Fed lifted the benchmark fed funds rate from the zero bound up to a range between 5.25% and 5.5%. The rate hikes endeed in July 2023 and since then, the market has been betting on Fed rate cuts. At one point, up to seven 25-basis points were anticipated this year...but none have happened so far. No one can say when the Fed will start cutting rates, but it’s safe to say they are done raising rates in this cycle, meaning that we can call this the era of “peak interest rates.” How should investors respond? In In our free guide, How Investors Should Prepare for ‘Peak Interest Rates’,1 we’ll explore what peak interest means for investors, including: What to do with your cash balances The impact for borrowers Strategies for retirees How the stock market could respond If you have $500,000 or more to invest, request this guide today. Talk to a Zacks Wealth Advisor today. 1 Zacks Investment Management reserves the right to amend the terms or rescind the free How Investors Should Prepare for ‘Peak Interest Rates’ guide offer at any time and for any reason at its discretion. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts as an investment manager for individuals and institutions. 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