Fed rate cut announcement today: probability, live stream, date, time, and how to watch

Group 1 - The economy is experiencing volatility due to persistent inflation, tariff unpredictability, and concerns over a potential AI-fueled stock market bubble impacting consumer spending power [1] - The Federal Reserve's interest rate cut announcement is anticipated to provide certainty to the economy and broader markets [1][2] - The Federal Open Market Committee (FOMC), led by Jerome Powell, is responsible for setting interest rates based on various economic data [2][3] Group 2 - A Fed rate cut lowers borrowing costs, encouraging consumers to take out loans for mortgages, car purchases, and increased credit card spending [4] - Businesses are likely to borrow more due to cheaper loans, which can lead to expansion, increased hiring, and acquisition of necessary equipment [4] - Lower interest rates can inject more money into the economy, increasing overall spending and potentially boosting stock and cryptocurrency markets as investors seek higher returns [5]