In this episode of the PFS Podcast, Mark Paller dives into the cyclical nature of interest rates and their impact on the economy. He explains how rate increases slow down spending, saving, and business expansion, which in turn cools inflation. Since COVID-19, record-low rates and high stimulus led to peak inflation, prompting the Fed to raise rates in 2022. By late 2024, with inflation easing and stable unemployment, the Fed has started to lower rates, setting the stage for economic expansion. Mark shares how these shifts can impact savers, spenders, and businesses alike, highlighting opportunities on the horizon.