The Fed is expected to cut interest rates as job market shows signs of weakness
toggle caption Chip Somodevilla/Getty Images North America
The Federal Reserve is expected to cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market.
That would be the Fed's second rate cut in six weeks, after holding rates steady for much of the year in an effort to curb stubborn inflation.
Prices are still climbing faster than the central bank would like, but for now, policymakers are
Continue Reading on NPR
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.