What the Fed’s Interest-Rate Cuts Mean for Borrowing and Saving Money

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 17 March 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Federal Reserve has been lowering interest rates since September, but consumer borrowing costs have stayed stubbornly high, while high-yield savings accounts are paying less. WSJ reporter Imani Moise joins host Julia Carpenter to tell borrowers and savers what to expect for rates on mortgages, credit cards and savings accounts. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is sponsored by Northern Trust Wealth Management.
0:03.0	There is more to being a successful entrepreneur than just good business practices.
0:07.0	What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?
0:12.0	What are entrepreneurs doing to cultivate the spirit in their own children and build a legacy beyond their business?
0:17.0	Tune in each month to the Road to Why podcast by the Northern Trust Institute,
0:21.2	where host Eric Chappaya dives deeper with leading entrepreneurs on these topics and more. Find
0:26.4	the Road to Why where you listen to your favorite podcasts. Here's your money briefing for
0:33.3	Monday, March 17th. I'm Julia Carpenter for the Wall Street Journal.
0:45.2	The Federal Reserve started lowering rates back in September. So why haven't many consumers felt the relief yet? So what you're seeing is the Fed is starting to be concerned about the economy,
0:50.0	so they want to cut interest rates to ease things a little bit. However, when they're straining the economy, that means credit risk goes up.
0:57.9	We'll talk with WSJ reporter and Moni Mouis about how the Fed's rate cuts have and haven't been affecting mortgages, credit cards, and savings accounts.
1:07.6	That's after the break.
1:14.3	This accounts. That's after the break. This episode is sponsored by Northern Trust Wealth Management. There is more to
1:18.6	being a successful entrepreneur than just good business practices. What is it about an
1:22.9	entrepreneur's childhood that helped fuel their entrepreneurial spirit? What are
1:26.7	entrepreneurs doing to cultivate the spirit in their own children and build a legacy
1:30.6	beyond their business?
1:32.1	Tune in each month to the Road to Y podcast by the Northern Trust Institute, where host
1:36.3	Eric Chappaya dives deeper with leading entrepreneurs on these topics and more.
1:40.5	Find the Road to Y where you listen to your favorite podcasts.
1:49.0	Thank you. Find the Road to Why where you listen to your favorite podcasts. When the Federal Reserve cuts interest rates, consumers have historically seen the effects ripple through different parts of their financial lives.
1:56.2	But lately, those ripple effects aren't as pronounced as they once were.
	...

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