Fed Poised For Second Rate Cut This Year Amid Cooling Inflation

Nov 04, 2024

With inflation showing signs of easing, the Federal Reserve is widely expected to implement its second rate cut of the year, reducing its benchmark interest rate by a quarter-point to around 4.6% when it concludes its two-day meeting on Thursday. Despite the lingering uncertainty over… Fed Poised For Second Rate Cut This Year Amid Cooling Inflation