Fed's cautious approach: Projected rate cuts are now fewer than initially expected

Al Jazeera's Mike Hanna joins live from Washington DC. He says this is the third consecutive rate cut this year, reflecting the Fed's confidence in a stable economy with inflation at 2.1% and unemployment at 4.2%. Hanna explains that future rate cuts are now expected to be fewer than initially projected. He also discusses the potential impact of president-elect Trump's tariff plans, noting the Fed’s cautious approach to avoid inflation risks and maintain independence. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #RateCut #FedRateCut #EconomyStability #Inflation #Unemployment #TariffPlans #Trump-Tariffs #FedIndependence #AlJazeeraEnglish