Fed to buy $40 billion worth of Treasury bills over next 30 days.

The Federal Reserve is expected to cut its influential fed funds rate this afternoon for the third time in as many meetings. Follow along with our live coverage of the Fed meeting.

Follow live coverage of the Federal Reserve's December interest rate decision; the Summary of Economic Projections, or dot plot; and Chair Jerome Powell's press conference.

US Fed Decision, Jerome Powell December Speech: Global markets are now watching closely to see whether Chair Jerome Powell and the committee continue on the easing path. Any move in US rates typically influences borrowing costs and capital flows across major economies.

The FOMC Meeting live streaming will be available at the YouTube channel of the US Federal Reserve at 2 PM ET, followed by the press conference by Fed chair Powell at 2.30 PM.

It's getting close to the moment, at 2 p.m. Eastern time, when the Fed will release its interest-rate decision — and one economist views the central bank as braced to make a real shift today. Fed chie

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