A Fed Interest Rate Cut Is Imminent. Why? And What's Next?
The US Federal Reserve is expected to lower borrowing costs this week for the first time since the depths of the Great Recession.
It could inaugurate a series of quarter-percentage-point interest rate cuts that could stretch deep into next year.
Or, Reuters reports it could be something more limited. It's a difficult decision facing Fed policy makers.
Why? There's No clear consensus from Fed officials about why they need to cut rates in the first place.
The U.S.
It could inaugurate a series of quarter-percentage-point interest rate cuts that could stretch deep into next year.
Or, Reuters reports it could be something more limited. It's a difficult decision facing Fed policy makers.
Why? There's No clear consensus from Fed officials about why they need to cut rates in the first place.
The U.S.