Feds cut interest rate for first time since 2020. Here’s what that could mean for your wallet.

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The Federal Reserve just cut a key interest rate for the first time in four years.
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These things always drop about this time during presidential or midterm election years. It’s never been because of market confidence. It’s bureaucratic pressures. Sounds like these guys never studied political history. Both sides do this regularly.

jmkqfnvyl
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Here’s the thing you don’t have the money to buy something ….just don’t buy it.. I’m 50 years old never had a credit card in my life, or a loan.. not needed..

Pinkielover
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Cutting rates is going to increase inflation. Not to mention less interest income for savers. This isn't going to help the middle class. This is only helping the rich get richer.

AK-qotx
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Yet the American home owner who is under pressure and those with already high interest credit card rates won’t benefit from these cuts.

Why did they even bother?
SMH

Elemental_Buttahfly_II
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