GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
While its unclear what changes the administration will enact, there are key things to watch for.
Expectations for changes in interest rates derive from the relationship between inflation and the labor market, Davis added.
High interest rates impact everyone but hit the middle class especially hard.
However, higher interest rates also mean less money in your pocket.
The housing market remains a cornerstone of the economy and directly affects the middle class, he said.
Rising home prices or rent costs can significantly strain budgets, making homeownership or renting less affordable.
Understanding this trend can help you better time major decisions like buying or selling property, Ray added.
Healthcare Costs
Trumps victory could bring big changes to healthcare.
Households relying on theAffordable Care Actmight see some big disruptions.
Watching these trends could make a massive difference in your wallet and financial security.
Staying informed can help you navigateupcoming economic shiftsand protect your money.
More From GOBankingRates
Share This Article:
