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Why You Won't Feel the Fed Cut

Posted by Cheapsuits 1305 days ago (http://www.usnews.com)
Category: Economy | Tags: fed interest rates rate cut
Many consumers are unlikely to even notice today's widely anticipated Fed rate cut, aimed at further encouraging lending and spending. While a Fed cut generally translates into lower rates on credit cards, mortgages, auto loans, and other types of borrowing, analysts say this time will probably be a little different.
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