US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained
US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained
The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced by slow progress on inflation and a weakening job market, aims to address the dual challenge of high prices and difficult employment conditions.
The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced by slow progress on inflation and a weakening job market, aims to address the dual challenge of high prices and difficult employment conditions.
The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced by slow progress on inflation and a weakening job market, aims to address the dual challenge of high prices and difficult employment conditions. 
