FED Cuts Interest Rates By 0.5% | What This Means For You

FED Cuts Interest Rates By 0.5% | What This Means For You

Popular Video Content:

Here on this channel we discuss everything from finance, business, investments, and even moves made by congress. If you are looking for information regarding upcoming stimulus, stock moves, wealth building, real estate, and even cryptocurrencies - Then this is the channel for you.

⚠️⚠️⚠️ #usnews #worldnews #news ⚠️⚠️⚠️

This video is not intended to be construed as financial or investment advice, this is for entertainment purposes only. All information is true and accurate as of the date of the recording. Links above could include affiliate links where the channel gets paid if you purchase a product or service, but nothing costs more to you. This is how the channel is able to provide free content for your viewing pleasure.

[robertwright]

The cost of living will be unaffordable to most of us. 😢

[joeconley]

Imagine that right before election interest rates drop and gas prices are dropping. 😅😂

[MarilynArchey-qwvh]

Adding fuel to the Flame. The, Depression that is inching along now will gain a little speed. You better Prepare as quickly and as much as you can. Pray hard and Stay Strong in, Christ Amen 🙏

[bradbowles]

The fed rate cut is only helping Wall Street stock holders.
Main Street still can’t afford food and clothing. Rates cuts are only going to hurt the common folks with more inflation.

[sheilapassin]

Vegas and it's dead. People are really suffering. The lousy administration doesn't want to help us.😮

[CSXOhioRailFanPlus]

Like what interests on savings we were Already getting next to nothing for years

[a.m.]

My electric bill is as high as my mortgage bill. 😢😢😢

[IbonGarcia-cw]

Appreciate you coming over here every time to get the new stuff like that tell the truth cuz you are telling the truth man play praise God to you and everything like that

[Sigma-nu]

This is not good prices will go up savings rate down ! It’s forcing people to rely on 💳

[RonBlauvelt-jq]

My sliver told me hyper inflation is coming… gather as much assets as you can

[IvanAvery-kb]

Raising rates does not bring down inflation.contract the dollars stop the spending that's what brings down inflation.

[cathylatimer]

What about credit cards lower interest rates 😎

[JillFestini]

Hyperflation is coming soon. This is what Dimon was worried about, you can drop rates with all of the current problems we are facing.

[glasslinger]

Aw shit! My savings account interest is going to drop! It will go from .3% to .2% Last year I got $160 on a 40 grand account. Big deal.

[horhaygonzalas]

We have a 36 trillion def. You can't go by the past because it was never that high. Taxes will double. mark my words.

[kennylynch]

kind of surprising they waited until July 2 cut interest rates and July threw Aug is when they calculate SSI SSDI raise we get screwed over just like always

[koukimonzta]

All went down including precious metals. It takes 24 hours to settle the dust down.

[melissagualco]

Why doesnt credit card apr change when they did their cuts

[scottsmith]

Rates are higher today than yesterday as the investors dump treasury bonds to go back into market that drives the bond rate up
Rose all day today higher than it was yesterday
Loans based on 2 and 10 year bond rates
Also they un inverted 2 weeks ago after longest inversion in history
Hold on ppl this is going to get insane

[Jimbeam-hk]

All the hell that was was a political move for Kamala Harris social invite you to the White House to spend the night there