Powell's Rate Cut: What's Next for Your Wallet?

Jerome Powell just announced an interest rate cut, but don't get too excited! The Fed isn't promising more, and future moves depend entirely on upcoming economic data. Borrowing *might* get cheaper, but with wobbly inflation and a softening job market, plus pressure from President Trump, the Fed's next steps are anyone's guess. All eyes are on the upcoming meetings to see if rates will stay put or drop further. Hosted on Acast. See acast.com/privacy for more information.