Stock Market Steady as Wall Street Awaits Fed Interest Rate Decision

Reported about 5 hours ago

US stock futures rose slightly as traders anticipate the Federal Reserve's decision on interest rates after its two-day policy meeting. Analysts predict a likely 25 basis-point cut, with expectations fueled by signs of a slowing labor market, despite inflation concerns. Investors are keen to hear Fed Chair Jerome Powell's insights and are particularly interested in the Fed's projections for future rate cuts.

Source: YAHOO

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