The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an AI-fueled bubble are among the factors impacting consumers’ spending power.

But there is one event today that will hopefully deliver some much-needed certainty to the economy and broader markets: the Federal Reserve’s interest rate cut announcement. Here’s what you need to know about a possible Fed rate cut today.

What is the Fed rate cut announcement?

The Federal Reserve is America’s central bank. One of its main responsibilities is setting the country’s interest rates. These interest rates are set by the Fed’s primary policymaking body, called the Federal Open Market Committee (FOMC). The FOMC

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