Decision Day Guide: Fed to kick off rate cuts, signal next steps
- Posted on September 18, 2024
- By Business News Today
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Decision Day Guide: Fed to kick off rate cuts, signal next steps
The Federal Reserve is expected to lower interest rates this week after maintaining them at a two-decade high for over a year. Economists predict a quarter-point cut, while some foresee a half-point reduction. The decision will be announced on Wednesday, followed by Fed Chair Jerome Powell's press conference.