Interest Rates Now: What a Federal Reserve Rate Cut Means for Investors

Interest Rates Now: What a Federal Reserve Rate Cut Means for Investors

Your financial playing field just shifted. For the first time in four years, the Federal Reserve reduced interest rates, announcing a jumbo cut of 50 basis points. It’s the sort of move usually deployed in a crisis, but the American economy remains strong. Inflation is trending down. Markets are up. What does this mean for you?

After Wednesday’s cut, I dropped a line to financial advisers across the US asking them that very question.

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