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

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Humphrey Yang

Hump Days Newsletter ➭ https://humpdays.substack.com'>https://humpdays.substack.com

Earlier today, the Federal Reserve cut their benchmark Federal Funds rate by 0.50%. Here's what you must know and the impact of interest rates on the economy, stocks, bonds, cash, mortgages, etc.

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WHO AM I?
Hello I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a databacked approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

⏱ Timestamps:
0:00 Start Here
1:08 What Are Rate Cuts?
4:06 Impact on Stocks, Bonds & Cash
7:26 Impact on Mortgage Rates
10:18 Impact on Credit Card Debt

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