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 #mortgage
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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
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To learn more about me, please visit my website: https://www.sidmisra.net/
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Check out my YouTube channel: https://www.youtube.com/channel/UCZBF
Information
- Show
- PublishedOctober 19, 2024 at 10:00 AM UTC
- Length9 min
- RatingClean