Fed set to enter new era with first rate cut in 4 years Wednesday. But what comes next?
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https://finance.yahoo.com/news/fed-set-to-enter-new-era-with-first-rate-cut-in-4-years-wednesday-but-what-comes-next-080000479.html
The Federal Reserve is expected to cut interest rates for the first time in four years, marking the end of an era of aggressive inflation-fighting. The central bank is expected to lower rates by a quarter percentage point to a new range of 5.0-5.25% from its 23-year high of 5.25% to 5.5% on Wednesday when their policy meeting concludes.