Federal Reserve's Interest Rate Cut

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Federal Open Market Committee

CNBC

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The Fed is expected to cut interest rates again Thursday. Here's everything you need to know

Summary

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84% Informative

The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut.

Financial markets are pricing in a near-certainty that the central bank's Federal Open Market Committee will lower its benchmark borrowing cost by a quarter percentage point.

The focus will turn to what's ahead for Chair Jerome Powell and his Fed colleagues as they navigate a shifting economy.

"They've been happy to just kind of leave that percolating in the background and they probably continue to do that," English said. "But there's going to be a lot of interest over the next few meetings. At what point do they make a further adjustment to the pace of runoffs?".

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semi-formal

Language

English

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not offensive

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not hateful