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?

C
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.