How Fed Rate Cut Impacts You
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 20 September 2024
⏱️ 10 minutes
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Summary
The Federal Reserve announced it was lowering its benchmark interest rate by 0.50 percentage points, the first cut since March of 2020. I joined CBS Mornings to explain what the rate reduction means for consumers.
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| 0:00.0 | Contacting customer service, for a lot of people that's an easy way to ruin a good day. |
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| 0:17.2 | Because will some say the customer is always right? |
| 0:19.5 | We say the customer is always human. |
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| 0:30.4 | Okay it's been a crazy year so far and there's a lot more to come. |
| 0:34.5 | But you don't need us to tell you that. |
| 0:36.5 | Change begins now. |
| 0:39.1 | And we have an election to win. |
| 0:40.8 | I'm Michael Safi. |
| 0:42.2 | And I'm Helen Pitt, and we're the host of today in focus the |
| 0:44.8 | Guardian's Daily News Podcast. Every day we'll be getting behind the global headlines and |
| 0:49.2 | offer deep dives on Welcome to the Jill on Money Show. It is Friday, September 20th, and we are here |
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