REASONS TO BE CONCERN ABOUT INFLATION AND INTEREST RATES

Posted on by imgenerationx

What is the current 1 year T bill rate?
Stats

Value from The Previous Market Day 4.38%

Change from The Previous Market Day -1.37%

Value from 1 Year Ago 1.55%

Change from 1 Year Ago 178.7%

Frequency Market Daily

Where to buy 6 month treasury bill?
You can buy T-bills online directly from the U.S. government at TreasuryDirect.
Alternatively, you can also buy T-bills through a bank or broker. Bills are issued weekly
through an auction bidding process.
What is the current 1 year T bill rate?
Basic Info. 1 Year Treasury Rate is at 4.32%, compared to 4.38% the previous market
day and 1.55% last year. This is higher than the long term average of 2.88%.
Are 6 month T-bills tax free?
Interest from Treasury bills (T-bills) is subject to federal income taxes but not
state or local taxes. The interest income received in a year is recorded on Form
1099-INT. Investors can opt to have up to 50% of their Treasury bills’ interes
earnings automatically withheld.

Interest rates continues to be low but not for long. The Federal Reserve

have begun to tighten. Recent statements state an additional rate hike as early as

May 2023. With inflation still high the Federal Reserve is left with no choice.

What are the primary generations today?

Gen Z, iGen, or Centennials: Born 1996 – 2015.
Millennials or Gen Y: Born 1977 – 1995.
Generation X: Born 1965 – 1976.
Baby Boomers: Born 1946 – 1964.
Traditionalists or Silent Generation: Born 1945 and before.

How much did the Federal Reserve make in 2022?

The Federal Reserve Board on Friday announced preliminary financial information

indicating that the Federal Reserve Banks had estimated net income of $58.4 billion in 2022.

The Federal Reserve raising interest rates will earn even more in 2023.

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