Fed Prepares for Final Rate Cut Before Slowing in 2025
TL;DR
The Federal Reserve is expected to implement a third consecutive interest rate cut this month, reducing the benchmark rate to 4.25%-4.50%, according to economists surveyed by Bloomberg News. This would total a one percentage point reduction since September, with fewer rate cuts anticipated in 2025.
- Fed to Cut Once More Before Slowing Pace in 2025, Economists Say Bloomberg
- Investors Shouldn’t Count on Much Help From the Fed Next Year The Wall Street Journal
- Inflation gives Fed green light for December, yellow for 2025 Fortune
- Fed expected to cut interest rates despite rising inflation. Here's why ABC News
- US data has Fed striding toward rate cut next week, and tip-toeing into 2025 Reuters
Want the full story? Read the original reporting
Read on Bloomberg