A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's end?

President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even once it begins to lower interest rates.

A weak jobs report earlier this month revealed a sharp slowdown of the labor market, which could prompt the Fed to reduce borrowing costs as a means of warding off an economic slo