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 New Amtrak trains coming soon to Pacific Northwest, but not in time for World Cup April 10, 2026 The K-shaped economy: Why diners are dying but yachts are booming April 02, 2026 Could light rail across Lake Washington make Seattle the next Copenhagen? March 25, 2026