Talk of The Villages Florida - View Single Post - Sick & tired of the reporting it’s great news the Fed may be cutting interest rates!
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Old 09-11-2024, 06:10 PM
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Default Sick & tired of the reporting it’s great news the Fed may be cutting interest rates!

The media is downright giddy that the most recent inflation report indicates the Fed might soon be cutting interest rates. Exactly how is that good news for responsible senior citizens who have saved their hard earned money, avoided debt, and want to earn a reasonable real rate of return above inflation on their savings?