The Fed is about to give more clues as to when it will finally start cutting rates

From edition.cnn.com

The Federal Reserve is expected to deliver a crucial hint Wednesday that it might lower borrowing costs in the coming months when it announces its widely anticipated decision of keeping interest rates at their current levels for the eighth time in a row. The central bank kicked off an aggressive rate-hiking campaign in early 2022 to curb the highest inflation in decades. The Fed has seen some substantial progress since then. Inflation is now considerably below the four-decade high from two years ago, and after stalling out in the first three months of the year, price pressures began to slow again in the second ... (full story)