Fed seen agreeing to quarter-point rate cut, while disputes flare about the road ahead

Fed seen agreeing to quarter-point rate cut, while disputes flare about the road ahead
By: market watch Posted On: November 02, 2024 View: 23

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Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce their benchmark interest rate by a quarter-percentage point to a range of 4.5%-4.75%.

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