The Federal Reserve is about to cut rates … but by how much?
The move is widely expected – but will still be studied closely as dark clouds loom on the US horizonEconomic moments are often forecast with great certainty, but few will have been as widely expected as an interest rate cut by the US Federal Reserve this week.Analysts have included a reduction in the cost of borrowing by the US central bank in their forecasts for more than a month and investors have placed their bets accordingly. Continue reading...
https://www.theguardian.com/business/2024/sep/15/the-federal-reserve-is-about-to-cut-rates-but-by-how-much
The article discusses the expected interest rate cut by the US Federal Reserve and its potential impact on the economy. Analysts have been forecasting a rate cut for over a month, and investors have placed their bets accordingly. The article highlights the current economic situation, including a slowdown in major economies, and the potential for a recession.