Wednesday, 18 September 2024
The size of the Fed’s interest-rate cut — 25 vs. 50 basis points — doesn’t matter as much for your wallet as this other key decision
by BD Banks
It’s the biggest question on Wall Street: How big will the Fed’s rate cut be? For most Americans, the difference between 25 and 50 basis points will be ‘practically nothing’ — at least at first.
