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Federal Reserve faces dilemma amid expected rate cut decision

On HALO

4 hours ago

The Federal Reserve is set to announce its next interest rate decision on Wednesday and the monetary policy meeting comes as the economy is facing a weakening labor market as well as elevated inflation.Fed policymakers are widely expected to cut the benchmark federal funds rate by 25-basis-points, lowering the target to a range of 3.75% to 4%. The anticipated rate cut comes after the Fed cut rates by that amount at their September meeting. Markets also expect another rate cut of that size at the Fed's subsequent meeting in December.The Dow Jones Industrial Average, Nasdaq Composite and the S&a...

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4 hours ago
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