What investors and economists are saying. The Fed has a rate cut plus other things on its plate. Here's what to expect. Latest news and headlines related to the Federal Reserve. US Fed Chair Jerome Powell acknowledged that stock prices appear elevated by many metrics but said the Fed’s high interest rates help maintain financial stability. US Fed FOMC Meeting Highlights: Powell in the post press conference hinted that the uncertainty and lack of complete data could affect the decision in December. US Fed Rate Cut: Powell to signal fewer rate cuts in 2025 at FOMC meeting today? FOMC meeting today will also see the release of Summary of Economic Projections, which will unveil the US Fed dot plot.