The Federal Reserve cut interest rates on Wednesday for the first time in four years. Thursday morning, the stock market opened with a surge. But what does it all mean for Texans? KRLD Business Analyst David Johnson explains to Mike Rogers and Austin York.

Photo: An electronic board displays stock prices at the New York Stock Exchange on Sept. 18, 2024, in New York City. (Photo by Stephanie Keith/Getty Images)

The Federal Reserve cut interest rates on Wednesday for the first time in four years. Thursday morning, the stock market opened with a surge. But what does it all mean for Texans? KRLD Business Analyst David Johnson explains to Mike Rogers and Austin York.
Photo: An electronic board displays stock prices at the New York Stock Exchange on Sept. 18, 2024, in New York City. (Photo by Stephanie Keith/Getty Images)

Advertisement