Fed rate cut likely Thursday; President-elect Trump’s economic policies could shake things up

The Federal Reserve is expected to announce an interest rate cut on Thursday, marking the second significant economic shift in days following the U.S. presidential election. As inflation eases, the Fed aims to balance stable job growth with a “soft landing” strategy to protect the economy. But with President-elect Donald Trump set to take office, his promises of tax cuts and increased tariffs may challenge the Fed’s cautious approach.