Alva Review-Courier -

3 things to watch for from the Federal Reserve on Wednesday

 


WASHINGTON (AP) — Not since America's financial system and economy appeared to be in grave danger — back in December 2008 — has the Federal Reserve cut its benchmark interest rate.

Yet that is just what the Fed is set to do when it ends its latest policy meeting Wednesday at a time when the U.S. economy looks infinitely sturdier than it did in the depths of the Great Recession.

The Fed under Chairman Jerome Powell has nevertheless signaled its belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut now as a...



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