Federal Reserve Set To Cut Rates Again Despite Hazy Post-Election Outlook
Mr. Powell will likely field questions at his news conference Thursday about the presidential race and how it might affect the economy and inflation.
No one knows how Tuesdayâs presidential election will turn out, but the Federal Reserveâs move two days later is much easier to predict: With inflation cooling, the Fed is set to cut interest rates for a second time this year.
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