US Fed begins final 2024 rate meeting with cut expected

The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year. The Fed will also publish updated economic forecasts alongside its rate decision, and many analysts expect policymakers to slightly dial back the number of interest rate cuts they expect next year. da/des

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *