Fed to cut interest rates next month – is the move too slow in coming?

Marco Verch Professional Photographer / CC

OMAHA, NE (KELO.com) — Good news if you’re looking to borrow money – the Federal Reserve Board says lower interest rates are on the way.  Creighton University Economist Dr. Ernie Goss says the move to lower rates will help, but there will be challenges.

Goss believes there’s a chance the Fed may cut rates by a half-percent next month.