The Federal Reserve is on the verge of cutting interest rates. Here's what to know

The Fed is expected to start cutting interest rates on Wednesday — marking a milestone in the central bank's long-running battle against inflation.

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Sep 17, 2024 - 17:59
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The Federal Reserve is on the verge of cutting interest rates. Here's what to know
Fed Chair Jerome Powell prepares to deliver remarks at a conference on Nov. 8, 2023, in Washington, D.C. The Fed is set to cut interest rates for the first time since 2001 on Wednesday — but will need to decide on the size of the move.

The Fed is expected to start cutting interest rates on Wednesday — marking a milestone in the central bank's long-running battle against inflation.

(Image credit: Chip Somodevilla/Getty Images)

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