The Federal Reserve expected to announce its first cut of 2025 today. Bankrate's Stephen Kates predicting a quarter-point cut, leaving rates around four-to-four-and-a-quarter percent. He says that means you should not change your strategy, keep paying down your debt because the cut will raise the inflation rate. Mortgage rates are expected to come down from seven-to six-point-three percent, car and personal loans will also come down too.