Reported 1 day ago
The Federal Reserve is anticipated to lower interest rates to a range of 3.75%-4% during today's meeting, but officials remain cautious due to the ongoing government shutdown and unclear economic indicators. Analysts suggest that while further rate cuts may happen soon, particularly in December, the Fed is likely to keep options open and not commit to a specific policy path. The economic environment remains clouded by a lack of government data, raising concerns about the balance between inflation risks and a weakening job market.
Source: YAHOO