Fed Cuts Interest Rates Aggressively – Here’s What It Means For You

The Federal Reserve just cut the benchmark federal funds rate by 50 basis points, which is a more aggressive move than many expected. In this video, Certified Financial Planner® Matt Frankel discusses what this big rate cut means for stocks and your day-to-day personal finances.

*The stock prices used were the morning prices of August 20, 2024. The video was published on August 21, 2024.

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