Fed expected to make third rate cut today—what we should expect?
The Federal Reserve is scheduled to announce its interest rate decision during its meeting on Wednesday. Economists widely predict that the Fed will cut rates for the third time in a row, bringing the federal funds rate down to a target range of 4.25% to 4.5%.Another 25-basis-point rate cut would result in a total reduction of one full percentage point since September. The federal bank first...
