By Finance Pulse in Federal Reserve —

Fed to Cut Benchmark Rate by 0.5% Amid Inflation Woes

The Federal Reserve plans a 0.5% rate cut this year as inflation stalls and policy uncertainties persist. Stay informed on how these changes impact the economy.

A sophisticated and modern illustration of a descending line graph overlaid on a U.S. Federal Reserv
Fed to Cut Benchmark Rate by 0.5% Amid Inflation Woes

The Fed projects the benchmark rate to fall another half point this year amid stalled progress on inflation and policy uncertainties.

Source