Puerto Vallarta, Mexico - In a widely anticipated move, the U.S. Federal Reserve announced today that it is cutting interest rates by 0.5%, marking a significant shift in monetary policy aimed at boosting economic activity amid concerns about slowing growth. While the immediate impact of this decision will be felt across financial markets and the U.S. economy, its ripple effects will extend far beyond American borders, particularly for U.S. expats living in countries like Mexico with the possibility of a weakening dollar against the Peso.