Here’s What to Watch as the Fed Meets Thursday

Published On Nov 7, 2024, 5:03 AM

Federal Reserve officials are expected to implement a quarter-point interest rate cut in response to slowing inflation. Although there's been a stabilization in the job market and strong consumer spending, the potential return of Donald Trump to the presidency introduces uncertainty regarding future inflation and economic policies. If Trump's policies, which may involve tax cuts and tariffs, are enacted, this could complicate the Fed's ability to continue lowering rates effectively.