Overview

• High-yield savings and money market rates are likely to fall quickly, reducing interest income on cash reserves.
• Existing bond prices can rise as yields decline, while newly issued bonds generally offer lower coupons than before the cut.
• Cheaper borrowing often supports equities—particularly growth and tech—and can help real estate activity and valuations.
• Advisers suggest refinancing mortgages or other loans when feasible and prioritizing repayment of high-interest credit card balances.
• Many pros discourage market timing, favor steady contributions and periodic rebalancing, and note TIPS as an inflation hedge, with the policy path remaining data-dependent and recession risk not ruled out.