Summary of Fed set to enter new era with first rate cut in 4 years Wednesday. But what comes next?
Summary of Fed set to enter new era with first rate cut in 4 years Wednesday. But what comes next?
The Federal Reserve is expected to cut interest rates for the first time in four years, marking the end of an era of aggressive inflation-fighting. The central bank is expected to lower rates by a quarter percentage point to a new range of 5.0-5.25% from its 23-year high of 5.25% to 5.5% on Wednesday when their policy meeting concludes.
quoting nevent1q…r4gtFed set to enter new era with first rate cut in 4 years Wednesday. But what comes next?
https://s.yimg.com/ny/api/res/1.2/4wgHDCNHCdHezeWRY81MLw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MTA-/https://s.yimg.com/os/creatr-uploaded-images/2024-09/c604e200-71db-11ef-bedf-c5c203cf8017
https://finance.yahoo.com/news/fed-set-to-enter-new-era-with-first-rate-cut-in-4-years-wednesday-but-what-comes-next-080000479.html
The Federal Reserve is expected to cut interest rates for the first time in four years, marking the end of an era of aggressive inflation-fighting. The central bank is expected to lower rates by a quarter percentage point to a new range of 5.0-5.25% from its 23-year high of 5.25% to 5.5% on Wednesday when their policy meeting concludes.