When will the Fed cut interest rates in 2024? Here's what experts now say and the impact on your money.

CBS News - For more and to sign up click here A top question on the minds of investors and consumers alike is when might the Federal Reserve make its first interest rate cut after two years of rapid hikes, which have sent mortgage and credit card rates soaring. But after Tuesday's hotter-than-forecast inflation report, economists have a partial answer: Expect to wait longer.Even before Tuesday's inflation data,…