Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's why

The first interest rate cut in four years is on deck. For many households, this policy shift is welcome news, but one cut won't make a big impact, experts say.

Sep 14, 2024 - 07:00
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Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's why
The first interest rate cut in four years is on deck. For many households, this policy shift is welcome news, but one cut won't make a big impact, experts say.