Assuming risk spreads over the base rate remain stable, floating rate debt has become less expensive, according to Cushman & ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
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