first thing, high interest accounts, bonds, Tbills yields will drop. the banks and institutions will save their own backsides first.
after that, many months later, then the mortgage rates will adjust after a few more rate cuts. as USD weakens against SGD ... America becomes an attractive holiday destination. bye bye Japan....
# How Will Fed's Rate Cut Affect Your Life?

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  • buythedip
    ·09-11
    Awesome analysis
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  • Interesting point
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