The easy part for the Federal Reserve this week will be announcing a rate cut when it wraps up its meeting Wednesday.

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.

The Fed is expected to cut by a quarter point at its meeting this week and could cut at the next two meetings as well.

The easy part for the Federal Reserve this week will be announcing a rate cut when it wraps up its meeting Wednesday.

The U.S. Federal Reserve is expected to meet Wednesday to make a decision on whether to cut interest rates.

The central bank is widely expected to approve another quarter percentage point, or 25 basis point, cut to its overnight lending rate at Wednesday's meeting.

The Federal Reserve on Wednesday released its interest decision following a two-day meeting.