
When the Federal Reserve gathers for its upcoming September meeting, it might do something it hasn’t done since December — implement an interest rate cut. At this point, economists and Wall Street alike are pretty convinced that a rate cut is coming. And while it may not be a drastic cut, it could have an impact on many consumers’ finances.
As a retiree, you may be wondering what moves to make — or not make — ahead of the Fed’s upcoming Sept. 16-17 meeting. Here are a few things to consider.