The economic landscape can seem confusing. One minute, the stock market is soaring because the Federal Reserve might cut interest rates. The next minute, shoppers at the grocery store are wincing at the price of eggs, wondering if they will ever catch a break.

So, are interest rate reductions a beacon of hope for Americans, or another headline for the financial media? For folks on Main Street, this might sound like distant policy wonkery, but these decisions hit home.

When the Fed lowers rates, the goal is to make borrowing easier and less expensive. The Fed does this by offering a “sale” on money. The people who benefit most are those who borrow money (homebuyers, car buyers or small business owners) because debt becomes cheaper and access to credit improves. For example, a half-point r

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