*** US Fed expected to cut again, despite uncertain path ahead | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN
US Fed expected to cut again, despite uncertain path ahead

US Fed expected to cut again, despite uncertain path ahead

business

AFP | Washington

Email : editor@newsofbahrain.com

The US Federal Reserve is expected to cut interest rates by a quarter point Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's path and Donald Trump's economic proposals.

The second day of the Fed's rate-setting meeting began at 9:00 am time in Washington (1400 GMT), the US central bank announced in a statement.

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