Fed Expected to Cut 25 bps Today—What That Actually Means

According to Reuters, the Fed heads into today’s decision with markets leaning toward a quarter-point cut, though guidance may stay cautious given mixed inflation and labor data. In plain English: card and short-term borrowing costs should ease at the margin, while mortgages and equities react mostly to the tone of the statement and press conference. Watch the language on inflation progress and any hints on the path ahead.