Apple News Today The Fed just cut rates. Here’s what that means for you.
Sep 19, 2024
Kavitha Surana is a journalist covering critical health issues, alongside Amber Nicole Thurman and Candi Miller, both survivors of restricted abortion access in Georgia. They discuss the tragic deaths of two women linked to the state’s strict abortion laws, highlighting the urgent need for reform. The conversation also touches on the broader implications of economic policies like the Fed’s rate cut and its effects on healthcare accessibility. Their personal stories reveal the dire consequences of legal restrictions and the fear among healthcare professionals.
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Fed Rate Cut and Economic Goals
- The Federal Reserve cut interest rates by half a percentage point, a larger cut than anticipated.
- This aims to maintain a strong job market while controlling inflation, potentially achieving both goals simultaneously.
Impact of Rate Cut on Consumers
- Expect lower interest rates on home and car loans over time.
- High interest rate deals on savings accounts will likely decrease.
Abortion-Related Deaths in Georgia
- Amber Nicole Thurman and Candi Miller died due to pregnancy complications after Georgia's abortion ban took effect.
- Medical experts deemed their deaths preventable, citing delays and lack of access to timely abortion care.