The FOMC (Federal Open Market Committee) is set to announce its decision on interest rates tomorrow at 11:30 PM IST. The current federal funds rate stands at 5.50%, and market forecasts suggest a potential rate cut of 0.25%.
The FOMC (Federal Open Market Committee) is set to announce its decision on interest rates tomorrow at 11:30 PM IST. The current federal funds rate stands at 5.50%, and market forecasts suggest a potential rate cut of 0.25%.