Federal Reserve expected to cut interest rates

The Federal Reserve is expected to meet tomorrow, and all eyes are on what could be the first rate cut since 2020. With the current federal funds rate sitting at its highest point in 23 years—between 5.25% and 5.50%—consumers are left wondering how this decision will impact their wallets.

[ljr]

If rates go down, prices are going to go up. Doesn’t help us 1st time home buyers

[seanpizzo]

Of course they are. They have to do anything they can to help push their DEI candidate across the finish line.

[lawrencecole]

First "cut in 25 years" sure, but after how long of No Rate At All? There was 0 rate for a long time, if you did not borrow and throw at the market sorry you missed out.