Interest rates just dropped — how does that impact you?
Sep 19 2024
Length: 5 mins
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Interest rates just dropped — how does that impact you?

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Summary
This week, the Federal Reserve cut interest rates by half a point. NPR's Laurel Wamsley breaks down how it may affect your financial plans. High-yield savings accounts won't yield quite so much. And for recent homebuyers, it might also be time to think about refinancing.

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