The Federal Reserve will announce a rate decision today, Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.
However, the Fed takes a risk if it brings inflation down too much. Any major, rapid decline in economic activity can cause a major spike in joblessness, leading to a recession. You might hear the ...
Progress against inflation has stalled, and financial conditions hardly seem restrictive.
The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of ...