RE: LeoThread 2025-10-28 14-51
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Why reductions in Federal Reserve interest rates aren’t benefiting most Americans
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Why reductions in Federal Reserve interest rates aren’t benefiting most Americans
Fed rate cuts don't benfit most folks because banks don't pass it on fast, credit card APRs stay sticky near 20 percent, and INflation plus rent eats any relief. Meanwhile firms keep prices up to protect margins :)