Finally, the Fed Cuts Rates: 6 Ways It Could Affect Your Money

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. The Fed has finally delivered its first rate cut of 2025, trimming the federal funds rate to 4.00%–4.25%. Borrowers may welcome the relief, but savers will likely see returns slip. Here’s what it means for your money…