The Federal Reserve is about to cut rates but by how much?

This week, the US Federal Reserve is forecasted to cut interest rates, indicating a shift in monetary policy as inflation stabilizes near the 2% target.

With inflation dropping to 2.5%, the Fed is likely to consider reducing borrowing costs after the current rate of 5.25-5.5% has held for 14 months.

The economic outlook for the coming months suggests slow growth across major economies, necessitating central banks to take action as momentum wanes.

Despite a resilient job market, certain industries are facing layoffs, indicating a complex economic landscape where cost of living pressures are affecting consumer spending.

Read at www.theguardian.com