Reported 23 days ago
The Federal Reserve is anticipated to lower interest rates by a quarter percentage point in their upcoming meeting, as inflation moves closer to the 2% target. Following a significant reduction in September, officials are debating the optimal rate for the future amidst mixed economic signals—strong consumer spending contrasts with a cooling labor market. This meeting holds less suspense than previous ones, occurring shortly after the presidential election, although future policy adjustments may be influenced by the election results.
Source: YAHOO