Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
Read full article: Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer oddsThe Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/DRTIJZTZONEE7EOWN37D6D5VX4.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/ZEC5EBH4ZVE6FDSH43GZU4W7XM.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/P2JN7FL2WZDFHAXU62FCSW73WA.jpg)