What Does the Fed Interest Rate Cut Mean for Consumers and Small Businesses?

Inflation has been moderating, indicating that the Federal Reserve may soon lower its federal funds rate. The Fed adjusts this key rate in response to economic conditions, and many experts anticipate a rate cut before the year concludes. This development is significant because adjustments to the federal funds rate often lead to changes in the … Continue reading What Does the Fed Interest Rate Cut Mean for Consumers and Small Businesses?