12.4 C
New York
Tuesday, November 5, 2024

“Relief is on the way:” Borrowing money is about to get cheaper

“Relief is on the way:” Borrowing money is about to get cheaper

By Courtenay Brown, Axios

Prices that skyrocketed during the inflation crisis likely won’t come down — but with the Fed finally cutting rates, the cost of borrowing money soon will.

Why it matters: For the first time in about a half-century, Americans have faced a double whammy of high inflation and historic rates for credit cards, auto loans and more.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,522FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x