MicroStockHub/iStock(NEW YORK) — The Federal Reserve on Wednesday cut its benchmark interest rate by a quarter percentage point, the first cut since the 2008 financial crisis. The new short-term range will be between 2% and 2.25%. But how will the rate cut affect the average American? ABC News spoke with experts before the anticipated rate …
Jul 31
Fed cuts interest rates: What does it mean for you?
