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At the end of this past July, the Federal Reserve cut interest rates for the first time in over a decade. How will that affect the average consumer? Interest rate cycles can have a major impact on your finances, both good and bad from when you use your credit cards and make your monthly house payment. On the next MoneyWise Live, hosts Rob West and Steve Moore welcome Mark Biller who helps you make sense of the Fed’s recent rate drop. That’s MoneyWise Live at 4pm Eastern/3pm Central on Moody Radio. |