Fed Meeting: Wall Street Anticipates 25bps Rate Cut This Week

Reported 21 days ago

The Federal Reserve is set to hold its November FOMC meeting from November 6-7, where a 25 basis points interest rate cut is expected. This decision comes amid recent inflation and labor data, and Fed Chair Jerome Powell will address the media following the meeting. Yahoo Finance's Jennifer Schonberger provides insights into the market's expectations for the rate adjustment.

Source: YAHOO

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