Fed slashes interest rates by the biggest amount in 16 YEARS - here's what it means for you
The Federal Reserve cut interest rates Wednesday by the biggest amount since 2008. And chairman Jerome Powell said two more cuts are almost certain to happen by the end of the year - in a boost for Americans. By slashing interest rates, the Fed has made borrowing money less expensive, taking some of the pressure off consumers' wallets. Experts say it will be a big boost to 401(K) balances too.
Read More >> Full Article on Source: ALPHA MAG
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