Interest rates, which are basically the cost of borrowing money, are expected to decrease in the coming months.
The Federal Reserve, which controls interest rates, might start lowering them in September, creating opportunities for individuals and businesses.
This means that borrowing money could become cheaper, and savings accounts might offer higher returns.
It's a good time to review your finances and consider strategies to take advantage of these changes, such as refinancing loans or adjusting your investment portfolio.
