Manage episode 242352971 series 2137786
Federal Reserve Bank leaders, working to prevent an economic slowdown, began two days of meetings on Tuesday. Economists predict they will announce an interest rate cut of 25 basis points, or a quarter of a percent. It would be the second cut this year. I joined CBS This Morning to discuss how this could affect your bottom line.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.