Live Updates: The Fed Hinted That Rate Cuts Could Come Soon
The Federal Reserve left its benchmark interest rate unchanged at a two-decade high but suggested that recent progress in lowering inflation could enable it to cut interest rates soon. Updated July 31, 2024, 2:49 p.m. ET6 minutes ago Pinned Federal funds target rate Federal Reserve officials left interest rates unchanged at their July meeting, as economists had expected, and hinted that recent progress in lowering inflation could enable them to cut interest rates soon. Continue reading Live Updates: The Fed Hinted That Rate Cuts Could Come Soon
