Fed's Rate Cut Decision: Economic Impact & Market Reaction

The Federal Reserve is set to announce a quarter-point interest rate cut, its third this year, at its final meeting of 2019. This decision, along with updated economic projections, will shape the central banks long-term outlook. Global bond yields have surged to a sixteen-year high, adding complexity to the Feds decision. Investors will scrutinize the projections for hints on future policy moves and any signs of dissent among Fed officials. The rate cuts impact could extend beyond financial markets, affecting mortgage rates, savings account yields, and credit card interest.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.