Golden Finance reported that Michelle Raneri, TransUnion’s head of U.S. research and consulting: The latest interest rate cut decision once again shows that the Federal Reserve is satisfied with the impact of the gradual interest rate cuts so far. It could also be a sign that the Fed expects continued gradual rate cuts could have a similar positive impact on the overall economy. While interest rates associated with credit cards, mortgages, and auto loans may not be significantly affected immediately, consumers should continue to monitor these rates as a result of this rate cut and ensure that their overall credit profile is in the best possible shape so that they can Take advantage of lower interest rates when they drop.