ilmscore | The Fed Cuts Rates by 0.50% -- What You MUST Know

The Fed Cuts Rates by 0.50% -- What You MUST Know

Published: 2024-09-18
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
High yield savings account (HYSA) interest rates will likely decrease following the Federal Reserve's rate cuts.
"once the Federal Reserve Cuts rates it's likely that your yield percentage on your hysa will probably move in lock step downwards"
High Yield Savings Accounts
Pending
Mortgage rates could decrease further due to the Federal Reserve's larger-than-expected 50 basis point rate cut.
"if the market gets surprised with a 50 basis point cut then we could actually see mortgage rates coming down even more"
Mortgage Rates
Pending
Credit card interest rates are expected to decrease slightly.
"the interest rates on your credit card may start coming down ever so slightly"
Credit Card Interest Rates
Pending