Fed rate cut. Federal reserve big interest rate down. Modern vector illustration with an arrow pointing down, 3d flying banknotes and text Credit/AdobeStock

The Fed's recent half-point rate cut, which was on the high end of the expectation range, is a strong signal that we have reached the end of the rising rates cycle. This is expected to be just the start of a welcome downward trend, with another cut likely to follow by year end. As rates fall, loan to share ratios should continue to normalize, allowing credit unions to serve more members and resume growth.

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