How to prepare personal finances for Fed interest rate cuts

Federal Reserve Chair Jerome Powell signaled that the central bank is ready to start cutting rates. With rates coming down, a ripple effect may be felt throughout the broader market, but what does it mean for investor portfolios and savings?

Yahoo Finance Senior Columnist Kerry Hannon joins Wealth! to break down what a rate cut means for Americans and their wallets.

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  

#fed #interestrates #yahoofinance