The Fed's policy statement will be released Thursday, followed by chair Jerome Powell's closely watched press conference at 2:30 p.m.

Goldman Sachs's chief economist, Jan Hatzius, remains convinced that the Fed will follow through on the hints of two more cuts by year-end, particularly following last week's weaker-than-expected jobs report. He expects more of the same into the first half of 2025.

The receding expectations of aggressive easing have spurred a more than 4% rally in the US dollar, as measured by its index against a basket of six major currencies. However, Fed rate cut bets have not been the only factor pushing up the dollar.

Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that means the U.S. Federal Reserve almost certainly will continue to cut the benchmark federal funds rate — not just this week but at its December meeting as well.

The Federal Reserve cut interest rates at its last policy meeting and is gearing up for another rate reduction this week. Sure, there are plenty of other important things to pay attention to. But interest rates have a direct impact on your finances.

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

Tuesday’s U.S. presidential election will dominate the coming week and is likely to have a significant impact on global financial markets.