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checking accounts

What it means for your bank accounts, loans, credit cards and investments

On Thursday, the Federal Reserve cut short-term interest rates again by a quarter point. With the election over, stock prices soaring and interest rates falling, the capital markets are bubbling with exuberant optimism. With inflation at 2.4% in September –…

What a Fed rate cut would mean for bank accounts, CDs, loans and credit cards

This is the economic turnaround we’ve been waiting for. The Federal Reserve is expected to start cutting interest rates on Wednesday. It took a long time to get to this point. After inflation peaked at 9.1% in June 2022, the…