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well the FED is expected to cut rates at its meeting in September given the recent weakness in economic data and moderating inflation but did you know that the fomc can actually cut rates without having a meeting here to tell us how is Yahoo finance fed correspondent Jennifer shanberg hey Jennifer good morning Brad thatamp;#39;s white right and a weakening uh job bark at a weaker than expected jobs report last Friday has many on Wall Street questioning whether the economy isak weakening and whether the Federal Reserve has waited too long to cut rates last week the FED opted to hold rates steady but set the stage for a rate cut in September thatamp;#39;s about s weeks away from right now though and given that length of time that has some floating the idea of an inter meeting cut that is cutting rates between policy meetings the FED will cut rates between policy meetings if theyamp;#39;re concerned the economy is headed for a Sharp recession or an economic shock has hit that could plu
