The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The Federal Reserve raised rates aggressively to tame high inflation, supporting the U.S. dollar. Cutting rates may weaken it versus foreign currencies.

Jul 10, 2024 - 23:00
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The Fed may soon cut interest rates. That could make your next trip abroad more expensive
The Federal Reserve raised rates aggressively to tame high inflation, supporting the U.S. dollar. Cutting rates may weaken it versus foreign currencies.