The US Federal Reserve is set to cut American interest rates today, as the US Federal Reserve Bank’s Open Market Committee FOMC meets today.
How much will they cut the Fed’s benchmark interest rate?
Analysts predict a cut of 25 basis points from the current rate of 5.25 percent to 5 percent.
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Respect We strive to act with respect for each other, share information and resources, work together in teams, and collaborate to solve problems. Interest is allowed on most judgments entered in the federal courts from the date of judgment until paid. The Reserve System (also known as the Reserve or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment Tags: federal, reserve, wikipedia, Federal Discount Rate | Federal What it means: The at which an eligible financial institution may borrow funds directly from a Reserve bank. Banks whose reserves dip below the reserve requirement set by the The U.S. Reserve is raising its key for the fourth time this year to reflect the economy's continued strength, but signals it expects to slow its pace of hikes next year.