The lineup of the Fed voters will also be scrutinized. Stephen Miran was installed as the newest Fed governor just before the meeting started Tuesday. The latest decision in the legal battle between Lisa Cook and President Donald Trump was delivered late Monday, allowing her to keep her position as a lawsuit moves forward.

The Fed cut rates to 4.00%-4.25% amid job market risks, but kept a hawkish stance due to inflation concerns. Find out why markets reacted with caution.

Analysts anticipate that the Federal Reserve will lower its key federal funds rate this week, marking the first reduction since December 2024.

The Federal Reserve is widely expected to lower interest rates, but questions about how big of a cut and the trajectory for future cuts remain uncertain — and the White House's power struggle with the central bank is a complicating factor.

The sentiment is Wall Street will be driven by Feds policy and outlook announcement on Wednesday. In the early trade, US dollar traded near its 2 and half month low, while US stock futures in foreign market traded in narrow range.

The article Fed Rate Trimmed: What Does It Mean For You? originally appeared on NerdWallet.

Hold your hats. The S&P 500 index tends to lose steam on rate-decision days when Federal Reserve Chair Jerome Powell has been at the helm of the central bank's afternoon press conference, especially when compared with his predecessors,

The stock market opened in the green as traders awaited the key monetary policy decision from the Federal Reserve. The S&P 500 (SP500) +0.1%, the Dow (DJI) +0.4%, and the Nasdaq Composite (COMP:IND) was flat.