The Federal Reserve seems poised to pivot from keeping interest rates steady to holding out the option of cutting rates if it were to decide that the economic expansion needs support.
The Fed isn't considered ready to announce that it's reducing rates for the first time in more than a decade. But when it ends its latest policy meeting Wednesday, the central bank is expected to signal an inclination to ease credit sometime within the next several months. What it won't likely do is indicate when that might happen.
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