Fed meets ahead of interest rate decision

Mitchell Hartman Oct 30, 2019
HTML EMBED:
COPY
A view of the U.S. Federal Reserve building.  KAREN BLEIER/AFP/Getty Images

Fed meets ahead of interest rate decision

Mitchell Hartman Oct 30, 2019
A view of the U.S. Federal Reserve building.  KAREN BLEIER/AFP/Getty Images
HTML EMBED:
COPY

The Federal Reserve’s Open Market Committee meets for a second day Wednesday, before announcing its direction on interest rates. Most economists and investors are betting on another cut — by 25 basis-points — which would be the third since July of this year.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.