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Why Did The Fed Lower Interest Rates?

The Federal Reserve just cut interest rates by 0.5% - the first reduction since 2020! Learn how this major economic decision impacts YOUR wallet, from mortgage rates to investment accounts. In this video, Sid Misra- Certified Financial Planner, will breakdown: ✅ What the Federal Reserve actually does (in simple terms) ✅ Why interest rates were so high to begin with ✅ The real reasons behind this rate cut ✅ How this affects YOU - mortgages, car loans, and savings accounts ✅ What you should do next with your money Whether you're looking to buy a home, invest in the stock market, or maximize your savings, this video is essential viewing. Get practical tips and expert insights on navigating this significant economic shift. 💡 Subscribe for more financial insights and practical money advice! Sid Misra, Certified Financial Planner™ Beacon Financial Group #money #wealth #investing #finance #moneymanagement #personalfinance #retirement #retirementplanning #income #socialsecurity #medicare #taxes #401k #IRA #RothIRA #FederalReserve #InterestRates #PersonalFinance #MoneyTips #Economics #FinancialPlanning #RateCut #Investing #Mortgage #cfp --- I'd be happy to have a brief conversation to discuss your needs and to see if we would be a good fit to work together Schedule an intro call with me: https://go.oncehub.com/SidMisra --- To learn more about me, please visit my website: https://www.sidmisra.net/ ---- Don't forget to subscribe to my channel: https://www.youtube.com/channel/UCZBF ---- I post a lot of educational content on LinkedIn that you won't want to miss out on Find me on LinkedIn:   / sid-misra   ---- Listen to the MPowered Finance Podcast: https://mpoweredfinance.buzzsprout.com/ Gautam Misra Beacon Financial Group