Interest Rates

Washington Post: Fed poised to cut rates for the first time since 2020, but by how much? A more aggressive interest rate cut would suggest deeper worries that the job market is buckling under the Fed’s continued fight against inflation. By Rachel Siegel

The Fed’s benchmark interest rate has sat between 5.25 and 5.5 percent for more than a year, and a cut would make it easier to finance a mortgage or borrow to grow a business.