Fed's Rate Cut: Last of the Year?

Federal Reserve Expected to Cut Interest Rates, But Future Cuts Uncertain: The Federal Reserve is poised to lower interest rates by a quarter of a percentage point, but the outlook for further cuts in the coming years is uncertain. The appointment of a new Fed chair and differing economic predictions from banks are adding to the complexity. Investors are watching for Chairman Jerome Powells commentary to gauge the future direction of monetary policy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.