The Federal Reserve is poised to make a significant move in September 2024 by cutting interest rates. This long-awaited decision could impact your finances. Here’s what you need to know:
- Why the Cut?
- The Fed aims to stimulate economic growth and manage inflation. A rate cut can encourage borrowing, spending, and investment.
- Keep an eye on your savings accounts, CDs, and mortgage rates—they may be affected.
- Should You Open a CD?
- With lower interest rates, Certificates of Deposit (CDs) may offer less attractive returns.
- Consider other investment options or consult a financial advisor.
- Debate Dispute: Trump vs. Harris
- Kamala Harris and Donald Trump are gearing up for their upcoming debate.
- Trump prefers live mics, but his team wants them off when it’s not his turn to speak.
- Tulsi Gabbard Endorses Trump
- Former Democratic candidate Tulsi Gabbard endorsed Trump in Detroit.
- She joined him at Arlington National Cemetery to mark the Afghanistan airport bombing’s third anniversary.
- Harris supports Biden’s Afghanistan withdrawal, a decision Trump opposes.
- Donor Enthusiasm for Harris
- Kamala Harris’ surprise candidacy has led to a surge in donations.
- Her campaign raised over $310 million in July, outpacing Trump’s fundraising efforts.
- Stay Informed
- Follow the unpredictable 2024 presidential race closely.
- Explore the candidates’ key policy issues and make an informed choice.
Remember, these developments could impact your financial decisions and voting choices. Stay informed and be prepared!