trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central bank provides additional relief to millions of Americans grappling with high borrowing costs.The Fed cut, half the size of ...
While many economists expect an additional cut at the Fed's December meeting and more reductions in early 2025, any future moves by monetary policy makers appear more uncertain following the election amid concerns that some of Trump's key economic proposals could stoke inflation. "With ad...