Federal Reserve holds two-day meeting ahead of expected interest rate cut Wednesday
The Federal Reserve is meeting this week as it considers whether to cut its key interest rate.The rate has not been lowered since the end of 2024, and the Fed has faced ongoing pressure from the White House to make cuts.Recent data shows hiring has slowed over the past few months, which could lead to a possible rate cut Wednesday.News 9 spoke with Paul Lane with Armstrong Advisory Group about what that could mean for consumers.>>