Here's what the Federal Reserve may do to interest rates in September

The Federal Reserve is expected to cut interest rates in September as inflation appears to cool. CBS News contributor Javier E. David has more on what to expect.

#news #money #usa

[JesseMayhill]

The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

[AddilynTuffin]

How can I protect my stock portfolio of around 800K? I don't want to get burnt out. Will the rate cut lead to inflation? I'm very worried about my portfolio losing value. Do i move to 100% cash? I just have a ton of questions.

[lukekcc]

25 points for the entire year… that wouldn’t do a damn thing. 50 points or we see a market crash.

[jonathanwilliam]

I’m shocked that the fed will lower rates before the election

[enigmaticme]

How many countries dropped the dollar!? 20 as of today...When these FED people start leaving the country that means they dont want to be...be sure to give them your regards...

[Lords]

I had thought since June that a rate cut of 75 basis points would occur in September, but if data supports it I think the Fed could go 100.

[smokehouse-xk]

Who cares....the govt is still spending like crazy

[redjetsen]

Excuse the reality check...the Government bond rate needs to attract investors to buy US debt. There are many auctions of this debt and if investors went somewhere else, the government would have unfunded liabilities. Try staying in your house without income. The rate needs to be higher than the Eurozone to keep money in the country. The flight of capital offshore is a real threat to a country 35 trillion in debt.

[truequan]

This guy is so bad. If you have a credit card, the interest rate is set, car loan? Yep it's set for the full term when the loan is issued, and yes 420 Smoke Bro, mortgage rates tied to 10 year.

[bryanwhite]

These people don’t understand that mortgage rates have nothing to do with the fed funds rate . They are tied to the 10 year treasury bonds that have already moved down about 1 percent all by themselves without any fed funds rate cut

[andreawahleithner]

High interest rates are the death of us.

[firepowerjohan]

Who wants the insecurity of wildly varying interests rates?
Next time they lower rated a lot I really hope they learnt from history. I hope they wont be talking about inflation being too low and keep rates low too long creating a WILD pendulum swing the other way.

[johnnyfontechanic]

give money to uk and Israel 9i dont blame but running out) and Federal Reserve can't go can't go higher rates .

[todddunn]

Lower rates are definitely not good for everyone. As a retiree I like high rates because I own my house and have no debt. Personally I would like to see 10+% rates. Yeah I am an outlier, but there are a lot of retirees like me. When you look at the historic picture, current rates are actually at the high end or normal with the exception of credit card interest which used to be capped at around 12% (that considered on the verge of usury.

[CliveBirse]

Rate cuts commence in September 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

[canoebelue]

Groceries and other things continue to go up in price but Of course the fed will help Kamala

[jamesosteen]

.25 wouldnt be anything...needs to be at least .50 if not .75

[HDCalame]

It won't affect my credit card rate enough.

[EricAnderson-cf]

The Fed keeps saying they are going to cut rates to help Biden/Harris. But they wont.

[malanalan]

lower rates - positive? You people are out of your minds! Stock market all time high. Gold all time high. Housing all time high. US dollar is collapsing and those cronies want to cut rates!!!!??