Fed Lowers Interest Rates, Here’s What It Means For You and Your Business
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SEPTEMBER 18, 2024
The Federal Reserve announced it will lower the effective funds rate by 50 basis points (0.50%). This officially ends an aggressive rate hike campaign that started in 2022 to quell inflation that at one point reached over 9%. Now that inflation is near the Fed’s 2% target, Fed Chair Jerome Powell announced the lowering of … Continue reading "Fed Lowers Interest Rates, Here’s What It Means For You and Your Business" The post Fed Lowers Interest Rates, Here’s What It Means For You and Your B
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