Federal Reserve cuts interest rates for the first time since 2020

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TOLEDO, Ohio (WTVG) – The Federal Reserve is implementing an interest rate cut of half a percent.

This is the first interest rate cut since the COVID-19 pandemic in 2020. The rate is expected to save consumers some money as home and car buyers.

Emily Bailey is a real estate agent for Danberry Realtors and spoke with 13 Action News about the new interest rate cut…

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