How a Fed Rate cut could impact your personal finances

Investors are anticipating the Federal Reserve to cut interest rates in September. But beyond market implications, how might such a move affect your personal finances like your checking and savings accounts?
Yahoo Finance personal finance columnist Kerry Hannon breaks down the details, exploring the potential pros and cons of a rate cut on everyday banking and credit borrowers.
#youtube #news #federalreserve

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

Get the latest news and data at finance.yahoo.com

Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

Follow Yahoo Finance on social:

X:   / yahoofinance  
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook:   / yahoofinance  
LinkedIn:   / yahoo-finance