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Podcast: Money Life with Chuck Jaffe
Episode: Bankrate's McBride: The Fed -- and the impact of rate cuts -- is just getting started
Description: Greg McBride, chief financial analyst at Bankrate.com, expects the Federal Reserve to cut interest rate three times before the year ends — starting with a first cut being announced today — and says the central bank will drop rates by one full percentage point by the time 2025 rolls around. He talks about how and where consumers and investors will first feel the impact of the cuts, and how to make the most of the looming changes. Bart de Bruijn, founder of EstateX, talks about tokenized real estate investing, an emerging concept that allows investors to effectively buy shares in properties, whic...