The Federal Reserve cut its key interest rate on Wednesday by a quarter-point – its third cut this year – but also signalled that it expects to reduce rates more slowly next year than it previously imagined, mostly because of still-raised inflation.
The Federal Reserve cut its key interest rate on Wednesday by a quarter-point – its third cut this year – but also signalled that it expects to reduce rates more slowly next year than it previously imagined, mostly because of still-raised inflation.