From ABC News: 2024-09-15 14:12:42

The US Federal Reserve is set to meet for a rate cut on June 19th. Economists predict a quarter-point cut, bringing the federal funds rate to 2.25-2.5%. This would be the first cut since 2008, due to fears of economic slowdown. Further cuts are expected later this year to stabilize the economy.



Read more at ABC News: US fed rate cut meeting date, history: How much interest cut is likely? Will there be more this year? – The Economic Times