The Federal Reserve is about to cut rates … but by how much?

The Federal Reserve in Washington: speculation by some investors suggests that it may have to slash rates to zero by next year.

2024-09-15  735  中等

The Fed’s chair, Jerome Powell, is likely to be fine-tuning his script before Wednesday’s decision, but there is little doubt the US central bank head’s message will be that the cost of borrowing can fall now that inflation is back within sight of his 2% target, before adding that the likelihood of rapid growth in prices will remain low for a while.

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