The Daily Money: Will the Fed lower interest rates?
Good morning! It’s Daniel de Visé with your Daily Money.
The stock market is down sharply from its record high in mid-February and could use a shot in the arm. Don’t expect the Federal Reserve to provide the needle.
With the Fed expected to leave interest rates unchanged at the end of a two-day meeting Wednesday, Paul Davidson reports, the drama will center on the number of rate cuts Fed officials now forecast for the remainder of 2025.
How not to give up your data
The news cycle has calmed (a bit), so we are proud to feature some non-breaking news for a change.
Data breaches have delivered so many passwords, birthdates and Social Security numbers to the dark web, the whole idea of protecting your identity might feel like a lost cause.
But experts say there’s still good reason to fight for your data privacy. And here’s one way to start: Resist giving it up in the first place.
Need a tax extension?
For Americans accustomed to doing things on time, filing for a tax extension may seem like an unusual step. But there are lots of valid reasons you might want to get an extension, experts say – as long as you keep a few key things in mind, Andrea Riquier reports. Here’s what you need to know.
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.