A summary of what the rate cut means
This is the last rate cut under Biden. The next one will be under the Trump administration and will be impacted by the increase in tariffs against China and Mexico (where 90% of Americas Avocados come from)
https://amp.cnn.com/cnn/2024/12/18/economy/fed-rate-decision-december
https://amp.cnn.com/cnn/2024/12/18/economy/fed-rate-decision-december