THE FEDERAL RESERVE HOLDS RATES STEADY–WHAT THAT MEANS FOR US
The Federal Reserve’s recent decision not to lower interest rates is more than just a headline—it affects us all. Nationally, this means higher borrowing costs stick around longer, cooling off the housing market and keeping credit card and loan rates elevated.*
Here in Florida, it hits especially hard:
• Homebuyers may stay on the sidelines, slowing real estate activity.
• Small businesses could delay growth plans due to expensive financing.
• Consumers will likely feel the squeeze in their wallets for months.
Stability may come, but it’s clear: we’ll need to brace for a slower economic pace in both our nation and neighborhoods.
#Economy #FederalReserve #FloridaBusiness #InterestRates #RealEstate #ConsumerFinance #SmallBusinessFlorida
Note: This does not even touch upon the $365 Billion we would save in interest on our national debt for each point lowered!
*Especially car loans.
