Urgent: The US Federal Reserve does not rule out holding an emergency meeting regarding reducing interest rates
The Federal Reserve is arranging to hold an emergency meeting within a week, during which the first interest rate cut of 0.25% will be implemented.
In separate news, US market expectations for the number of interest rate cuts have increased from 2 to 5 times, which means an expected announcement of a rate cut with each upcoming meeting.
As Federal Reserve member Goolsbee said, in response to a question about an emergency interest rate cut: "Everything is always on the table, including increases and decreases."