Friday, August 16, 2024

How Low Will Interest Rates Go? Experts Predict the Fed’s Upcoming Cut

Federal Reserve
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The Federal Reserve is widely expected to bring about a long-awaited interest rate cut during its next meeting. But just how big will that potential rate cut be? The central bank held interest rates steady in July — a move that was expected and kept rates at the 5.25% to 5.5% range. But Fed Chair Jerome Powell said at the time that the first rate cut since the early days of the COVID-19 pandemic…



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