“What this Fed rate cut means for your credit card, mortgage, auto loan, student debt and savings account”
Let me give you the TL;DR:
credit card - banks will profit
mortgage - banks will profit
auto loan - banks will profit
student debt - banks will profit
savings account - banks will profit
https://www.cnbc.com/2025/10/29/fed-rate-cut-credit-cards-mortgages-savings.html