What the Fed's December interest rate cut means for your wallet
Business Insider·2025-12-10 19:17
The Federal Reserve made its final decision of 2025, cutting interest rates for the third meeting in a row — and it set the tone for where interest rates will go in the new year. The call will have ripple effects across consumer prices, the job market, and Corporate America through 2026 and beyond. Here's how the decision will affect you.Read our live coverage of the Fed's rate cut.Thirty-year fixed mortgages, two-year auto loans, and credit card rates tend to fluctuate alongside the federal funds rate. An ...