Fed Expected to Announce a “Hawkish Cut” While Eyeing 2025 Economic Outlook
The Federal Reserve is poised to announce a quarter-percentage-point interest rate cut on Wednesday, a move being described by some analysts as a “hawkish cut.” The decision comes amidst ongoing economic uncertainty, including stubborn inflation, strong economic growth, and the incoming Trump administration’s potentially transformative policies. The anticipated reduction would bring the Fed’s benchmark policy […]