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Rate cuts appear to be on the way. Here’s how to take advantage of them. Krakenimages.com / Shutterstock.com
After a couple of years of hiking interest rates, the Federal Reserve is finally indicating that it might soon lower its target federal funds rate for the first time since 2020. Recently, Federal Reserve chair Jerome Powell said a rate cut as early as September is now “on the table.” So it appears that lower interest rates could be just over the horizon. What does that mean for your wallet?
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