Federal Reserve is set to cut rates again while facing a hazy post-election outlook

Federal Reserve set to cut rates again while facing a hazy post-election outlook

No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year. The presidential contest might still be unresolved when…

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Federal Reserve Set To Cut Rates Again Despite Hazy Post-Election Outlook

Mr. Powell will likely field questions at his news conference Thursday about the presidential race and how it might affect the economy and inflation.

Federal Reserve is set to cut rates again, facing a hazy post-election outlook

The Fed’s future actions, though, will become more unsettled once a new president and Congress take office in January.

A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says

Former President Donald Trump with Fed Chair Jerome Powell in 2017.Saul Loeb/AFP/Getty ImagesIf Trump wins the election, the Fed could pause rate cuts in December, JPMorgan's David Kelly says.Kelly points to Trump's plans for expansionary fiscal policy that would fuel inflation.He says the Fed will likely stick to its projected path of gradual easing if Harris wins.If Donald Trump wins the US election this week, the Federal Reserve could pause i…

Federal Reserve set to cut rates again while facing hazy post-election outlook

The Fed is reducing its rate for a different reason than it usually does: It often cuts rates to boost a sluggish economy and a weak job market by encouraging more borrowing and spending