Fed cuts interest rates by 0.5% today. Why now? What does it mean for you?

Fed cuts interest rates by 0.5% today. Why now? What does it mean for you?

Channeldo Credit
Channeldo Credit
Dec 26, 2024

For the first time since March of 2020 the Federal Reserve cut interest rates by 0.5%. This video explains what this means for you and why the Federal Reserve chairman said now was the right time.