September 19, 2024

Fed expected to announce its first interest rate cut since 2020

 Fed expected to announce its first interest rate cut since 2020

Washington (AFP) – 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.Senior off…

The panel, which consisted of Republican former presidential candidate Vivek Ramaswamy, U.S. Rep. Tim Walberg (R-Tipton), Republican National Committeewoman Hima Kolanagireddy, Michigan Senate Minori…