Federal Reserve Expected to Cut Rates by 25 Basis Points in December

Reported 1 day ago

A recent Reuters poll indicates that the U.S. Federal Reserve will lower interest rates by 25 basis points on December 18, with most economists anticipating a pause in January due to inflation concerns. President-elect Donald Trump's proposed policies could contribute to inflation, complicating the Fed's decisions moving forward. While a majority foresee at least three more rate cuts through next year, there's uncertainty about the implications of upcoming government policies on economic growth and inflation.

Source: YAHOO

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