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The Federal Reserve's rate cut today signals "more cuts coming"

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The main topic of conversation among economists today revolves around a rate cut made by the Feds—it's their first reduction since March of 2020, with plans for additional cuts in years to come.

Experts expect the move to have far-reaching effects on your financial life, especially when it comes to buying cars or dealing with credit card debt and the housing market.

For more on this, KCBS Radio news anchors Bret Burkhart and Patti Reising spoke with Michael Yoshikami, CEO and Founder of Destination Wealth Management.

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