Cautious Fed dials back expectations for another rate cut
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“I did not see a need to cut rates this week,” Dallas Fed President Lorie Logan told a banking conference. “I’d find it difficult to cut rates again in December unless there is clear evidence that inflation will fall faster than expected or that ...
The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring.
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Fed's next rate cut could reshape borrowing costs for millions of Americans
The Federal Reserve may lower interest rates by 25 basis points, influencing borrowing costs for consumers and signaling shifts in the broader economic landscape.