US Fed begins final 2024 rate meeting with cut expected

, US Fed begins final 2024 rate meeting with cut expected, NigeriaDNA | Breaking News & Top Headlines

The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year.

The meeting got underway at 10:30 am local time (1530 GMT), the Fed announced in a statement. Its rate decision will be published once the meeting concludes on Wednesday.