Reported about 14 hours ago
The Federal Reserve is set to announce its first interest rate cut of 2025 this week, with speculation on potential further cuts due to a weak job market and ongoing inflation issues. The upcoming 'dot plot' will provide insights into officials' predictions regarding the central bank's interest rate trajectory. While the initial cut is expected to be modest at 25 basis points, analysts predict that the Fed could continue to reduce rates in upcoming meetings as it navigates pressures from the White House and economic indicators pointing to a slowing economy.
Source: YAHOO