PSRS Los Angeles has moved!

For the past 35 years, PSRS Los Angeles called the same office building home, establishing a strong foundation and deep roots in that space. Now, after decades in one location, we've embarked on an exciting new chapter by moving to our new office down the street in Brentwood, Los Angeles.

Our new address is:
12121 Wilshire Blvd, Suite 750, Los Angeles, CA 90025

This move represents continuity and fresh energy as we remain dedicated to serving our clients with the same commitment, now from a modern and vibrant workspace tailored to our evolving needs and aspirations.

This week, the Federal Reserve cut its key interest rate by 0.25% (or 25 basis points), marking the second reduction this year as it aims to support the economy amid cooling inflation. The new target range for the federal funds rate is now between 4.5% and 4.75%, following an earlier 0.5% cut in September. The Fed's decision aligns with its "dual mandate" of managing inflation and maximizing employment. Recent data indicate that inflation is moderating toward the Fed's 2% target, which has allowed the central bank to proceed with rate cuts to boost economic activity without significantly risking inflationary pressure. Additionally, while the job market remains relatively stable, there are signs of softening, which the Fed hopes to counteract with a gradual decrease in rates to encourage spending and investment.

Further rate reductions may follow in December if economic conditions continue to warrant it, as the Fed closely monitors inflation trends and employment data to guide its policy path forward.