
What it means after the Fed cut interest rates again
In a move aimed at boosting the nation’s economy, the Federal Reserve has announced another rate cut, reducing interest rates by a quarter of a percentage point. This decision marks a full percentage point drop since September, sparking concerns about the potential impact on personal finances.
To provide clarity and insight into this development, CBS News business analyst Jill Schlesinger will be exploring the implications of this move for consumers and investors alike.
Source: www.cbsnews.com