Q: The Federal Reserve cut interest rates again. Why? Does it matter for me?

A: It means that the Fed is worried about the economy and that it believes that lower rates will help the economy and the markets. Normally, the reduction in rates has a positive impact on the economy and the market (see this post from Brad McMillan ). It does take time for a rate cut to have an effect, so aside from the initial market reaction, the real tale will be told months from now.