The Federal Reserve Cuts Interest Rates by 0.25%: Here's What It Means For You

"High yield accounts will go down by 0.25% pretty quickly within this week or next week."

"Up credit card rates will be lowered quite quickly as well. So, you can expect if you have a credit card balance that the APRs aren't going to be as high as they were before. They're still high, but they're maybe 0.25% less."

"And also, more rate cuts coming this year since there are going to be anticipated two more this year..."