Federal Reserve Expected to Announce First Rate Cut in Over Four Years

The Federal Reserve is poised to announce its first interest rate cut in more than four years, signaling a significant shift in monetary policy as it wraps up a crucial two-day meeting later today. Markets and economists alike anticipate that the central bank will lower its benchmark interest rate by at least a quarter of a percentage point, with some speculating the cut could be as deep as half a percentage point.

That's NBC News Business and Data Correspondent Brian Cheung. He warns voters will not see the affects of the cuts before the election. A brand. . .