<p>The move is widely expected – but will still be studied closely as dark clouds loom on the US horizon</p><p>Economic moments are often forecast with great certainty, but few will have been as widely expected as <a href="https://www.theguardian.com/business/2024/sep/11/august-inflation">an interest rate cut by the US Federal Reserve</a> this week.</p><p>Analysts have included a reduction in the cost of borrowing by the US central bank in their forecasts for more than a month and investors have placed their bets accordingly.</p> <a href="https://www.theguardian.com/business/2024/sep/15/the-federal-reserve-is-about-to-cut-rates-but-by-how-much">Continue reading...</a>