US Fed set for first rate cut of 2025 as concerns mount over jobs
The US central bank is widely expected to lower its benchmark interest rates Wednesday at the end of its two-day policy meeting, and markets widely expect a 25 basis points reduction spurred by a weakening US jobs market.
The US central bank is widely expected to lower its benchmark interest rates Wednesday at the end of its two-day policy meeting, and markets widely expect a 25 basis points reduction spurred by a weakening US jobs market.
