Chaay_Tee / iStock via Getty Images Quick Read As expected, the Federal Reserve cut the Funds rate 25 basis points on Wednesday. The rate cut lowered the Fed funds rate to 3.50%-3.75%, the lowest since the post-pandemic era in 2022. Rates could stay in place for some time unless we see some economic turmoil. With a new Fed Chairman coming next year that POV could change in 2026. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to real ...