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Federal Reserve Poised for First Rate Cut Since 2020 as Inflation Eases and Job Market Weakens

The Federal Reserve is poised to deliver its first interest rate cut since 2020 next week, a move that consumers, businesses and investors alike have been eagerly awaiting. The Federal Reserve is widely expected to lower its benchmark interest rate when it meets on Wednesday, marking the first rate cut in more than four years.…

ByPexecoSeptember 14, 20240Comments

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What To Expect on Interest Rates From Next Week’s Fed Meeting

KEY TAKEWAYS The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months. Market…

ByPexecoJuly 28, 20240Comments

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Federal Reserve Poised for First Rate Cut Since 2020 as Inflation Eases and Job Market Weakens

What To Expect on Interest Rates From Next Week’s Fed Meeting