How to position yourself to benefit from the Fed’s first rate cut in years, according to financial experts
2024-08-19 09:29:17 source：CNBC
August 18, 2024
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data.
“We think that the time is approaching,” Fed Chair Jerome Powell said at a press conference after the last Federal Open Market Committee meeting in July.
For Americans struggling to keep up with sky-high interest charges, a likely September rate cut may bring some welcome relief — even more so with the right planning.
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https://www.cnbc.com/2024/08/18/money-moves-to-consider-ahead-of-a-fed-rate-cut.html