Reported about 4 hours ago
US stock futures fell as traders anticipated the Federal Reserve's upcoming announcement regarding a likely interest rate cut. Wall Street expects this decision during the Fed's policy meeting today at 2:00 p.m. ET, with analysts suggesting a 96% chance of a 25 basis-point reduction. Additionally, investors are keen to hear insights from Fed Chair Jerome Powell and look for future interest rate guidance through the Fed's projected rate cuts for 2025.
Source: YAHOO