1. Refinance High-Interest Debt: Lower interest rates provide an opportunity to refinance high-interest debt such as mortgage or student loan debt. This could help lower monthly repayments and reduce the overall cost of your debt.
2. Review Your Savings Accounts: Savings accounts may offer lower interest when rates are cut. Consider moving your money into higher-yielding accounts or other investments to get better returns.
3. Invest Strategically: Stock markets can react positively to interest rate cuts, making it a good
