News & Stories Business The cost of borrowing money could get a little bit cheaper after Fed's meeting Scott Horsley Steve Inskeep December 18, 2024 / 2:11 am The Federal Reserve is expected to lower its benchmark interest rate today. But additional rate cuts next year are in question, as inflation remains elevated. Why you can trust KUOW Recommended Stories Howard Schultz moves away from Starbucks roots, trading Seattle for Miami March 11, 2026 Starbucks union pushes back against plans to close 5 Seattle stores March 10, 2026 Starbucks to relocate supply chain workers from HQ to new Nashville office March 04, 2026