Fed May Be Prepping an Extra Move, Alongside Rate Cut

Group 1 - The Federal Reserve is expected to lower interest rates in its upcoming meeting, with potential additional measures to be announced [1] - Wall Street anticipates the Fed will implement reserve management purchases to enhance liquidity and address disruptions in short-term financing markets [2] - The current financial system has less liquidity, with banks holding approximately $2.9 trillion at the Fed, down from over $4 trillion in 2021, indicating a tighter cash environment [3]