#FedRateCutExpectations
Today at 2 pm ET the US Federal Reserve will announce its decision on interest rates a small 0.25% cut is almost certain which means loans may become a bit cheaper but prices are still moving up which is inflation everyone is waiting to see what Jerome Powell the head of the Fed will say if he hints at more cuts it means the economy needs support if he talks about holding back that is called hawkish meaning keeping inflation under control if he sounds open to more cuts that is dovish meaning helping growth