Fed rate cut: What it means for mortgages, credit cards, car loans

Business

Fed Rate Cut: What It Means For Mortgages, Credit Cards, Car Loans

By Syracuse.com

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled. That means Americans are dealing with both high p ...Read more