Interest in Rate Cut Rises ; Investors, Home Buyers, Consumers Stand to Benefit

Summary


Wall Street players aren't the only ones with a lot riding on whether the Federal Reserve cuts interest rates on Tuesday Main Street could also see some pretty dramatic benefits.

Policy makers are widely expected to decrease short-term rates by up to one-half of one percentage point, a move big institutional investors have been clamoring for in recent months.

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Extract


Interest in Rate Cut Rises ; Investors, Home Buyers, Consumers Stand to Benefit

For the man on the street, a cut would lower credit card bills, make mortgages cheaper and perhaps inject enough confi...

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