SCAN FYI Sep 25, 2024: The Federal Reserve Lowered Interest Rates -- What Does That mean for You?

If you’ve been keeping up with financial news, you’ve noticed the Federal Reserve has recently lowered interest rates. Now you may be wondering how that news might impact your savings and investments or possibly a car loan or mortgage. To get definitive answers, we spoke with Mike Powers, President and CEO of Garden Savings Federal Credit Union. From his unique perspective, he shared valuable information on how this lowered rate could impact us in various areas of our financial lives.
Contact info:
Garden Savings federal Credit Union
www.gardensavi...
Call: 973-576-2000
To learn more about SCAN, call 732.542.1326 or visit www.scannj.org.