While it doesn’t mean that the economy is going to take a massive upswing, the Fed has cut the rates again by .5% to 4.75%
Half point drops are big. Maybe my student loans will be able to breathe a little easier and maybe I’ll actually open those consolidation junk mails that I get since some of mine are at horrid rates.
No full press releases were out yet on this. But some information can be found on Reuters.
