Reported 8 months ago
The Federal Reserve is preparing for important interest rate decisions, influenced by recent employment and inflation data, as well as the looming U.S. presidential election. With a recent half-percentage-point rate cut, Fed officials express optimism about the labor market and inflation nearing their target. However, debates continue about the potential for further cuts or a pause, particularly as the data remains complex and the election results could shift market expectations.
Source: YAHOO