Good morning Reader, The Federal Reserve has what's called a dual mandate - promote maximum employment and keep inflation in check. If you keep rates high, you risk higher unemployment. If you lower rates too much, you risk higher inflation. In their most recent meeting, they cut rates by 25 basis points. Borrows benefit from lower interest rates while savers are, surprise surprise, hurt by lower rates. It remains to be seen if the Fed that walk that tightrope. (View this email as a webpage)...

Good morning Reader, I'm sending this Wednesday morning but depending on when you read it, the Federal Reserve's FOMC may have announced what it'll do with interest rates (it does it at 2pm) - and that's most likely a rate cut of 25 basis points, maaaaybe a bigger 50 basis points. Savers will cringe, borrowers will rejoice. You may have also heard that the U.S. economy isn't doing well but that may not match up with what you see - but that's because your personal economy isn't the nation's....

Good morning Reader, Is the economy slowing? Maybe. The soft jobs report and the uncertainty around tariffs is having a dampening effect on the economy, to say the least. That's why interest rate traders are expecting a rate cut in the mid-September meeting - 88.2% chance of a 25 basis point cut and now a 11.8% chance of a 50 basis point cut. Good for borrowers, bad for savers. Time to lock in those CDs! (also a good time to do it in conjunction with Raisin's deposit bonus) From time to time,...