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What does the Fed's interest rate cut mean for Texans?

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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)

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