Breaking news: The Federal Reserve hinted that rate cuts could come soon

View in browser | nytimes.com   BREAKING NEWS The Federal Reserve left interest rates unchanged at a two-decade high, but signaled cuts to borrowing costs could begin soon. Wednesday, July 31, 2024 2:12 PM ET Fed officials described the economy as expanding at "a solid pace" — which would not seem to indicate immediate fears of a dramatic slowdown or recession. Read more   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving Breaking News Alerts, unsubscribe. To opt out of other promotional emails from the Times, manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise California Notice The New York Times Company, 620 Eighth Avenue, New York, NY 10018