PRINCE GEORGE'S COUNTY, Md. (DC News Now) -- Financial experts say the recent interest rate cut by the Federal Reserve should impact certain sectors of the DMV positively.

The Federal Reserve cut the key interest rate by a quarter-point last week, and financial experts are not critical of the timing of the recent cut.

“It’s a matter of opinion whether it's late or not or appropriate,” said David Kass, clinical professor of finance for the University of Maryland (UMD) Smith School of Business. “I think it might be appropriate right now. There are conflicting forces in the economy,” he added.

Some of those forces are price stability and maximum employment, according to Kass. He said the labor market is showing signs of weakening, indicating the interest rate cut is appropriate.

“The DMV

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