What to expect from the Fed's interest rate decision

Breakdown

• The Federal Reserve is expected to cut interest rates by a quarter of a point. 18s
• This would be the second rate cut of the year, lowering rates to the lowest since 2022. 23s
• The decision comes amid a government shutdown, delaying key economic reports. 29s
• Policymakers are relying more on private sector data and market signals due to limited official data. 34s
• A small rate cut may slightly reduce borrowing costs, but major relief is unlikely. 53s