US Fed expected to announce its first interest rate cut since 2020

Legit | 15-09-2024 04:33pm |

The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. - The debate among policymakers on Tuesday and Wednesday this week will likely center on whether to move by 25 or 50 basis points.

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