( ) -q-23- UNDATED (Correspondent Jeremy House) “all but defeated.” Will they or won’t they? [CutID: <Cuts> FED-INTEREST-RATES-house-q-MONam.mp3 Time: 23s Title: FED-INTEREST-RATES-house-q-MONam Out-cue: all but defeated] TAG: Correspondent Jeremy House reporting Meanwhile, plenty of uncertainty still surrounds this week’s Fed meeting. How much will the policymakers reduce their benchmark rate? By a traditional quarter-point or […]
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Will the Fed cut interest rates fast enough to deliver a ‘soft landing’?
( ) -q-23- UNDATED (Correspondent Jeremy House) “all but defeated.”
Will they or won’t they?
[CutID: <Cuts> FED-INTEREST-RATES-house-q-MONam.mp3
Time: 23s
Title: FED-INTEREST-RATES-house-q-MONam
Out-cue: all but defeated]
TAG: Correspondent Jeremy House reporting Meanwhile, plenty of uncertainty still surrounds this week’s Fed meeting. How much will the policymakers reduce their benchmark rate? By a traditional quarter-point or by an unusually large half-point? Will they keep cutting when they meet later this year and into 2025?
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VERBATIM: American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week. Financial experts believe the Fed will say it’s cutting its key interest rate from a two-decade peak. It’s likely to be just the first in a series of rate cuts that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated.