“Relief is on the way:” Borrowing money is about to get cheaper

By Courtenay Brown, Axios

Prices that skyrocketed during the inflation crisis likely won’t come down — but with the Fed finally cutting rates, the cost of borrowing money soon will.

Why it matters: For the first time in about a half-century, Americans have faced a double whammy of high inflation and historic rates for credit cards, auto loans and more.

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