The Federal Reserve meeting will deliver a third straight rate cut, but the streak will end in January. Here's what may come next for interest rates and the S&P 500.

Key Takeaways The Federal Reserve is widely expected to cut its key interest rate on Wednesday, but plans for future cuts are much more up in the air.Fed officials could give some insight into how the central bank is digesting recent economic data showing stubborn inflation and a resilient but still-cooling labor market.

The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year.

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting

The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve has signaled that the rate cuts will slow down as business leaders say inflation is not coming down enough.

A quarter-point cut this month was the right move to avoid an overly hawkish stance that would threaten a serious economic slowdown, according to San Francisco Fed President Mary Daly.