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Article Summary
- The Federal Reserve is expected to cut interest rates again due to post-election uncertainty
- Analysts are predicting a quarter-point cut in the benchmark interest rate
- The decision will be influenced by the outcome of the presidential election
- The Fed has been facing pressure to provide more support to the economy
- The uncertainty surrounding the election results is causing concerns among investors The article was written by Martin Crutsinger and has a neutral tone.
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Federal Reserve Is Set To Cut Interest Rates Again As Post-election Uncertainty Grows
WASHINGTON (AP) Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trumps presidential election victory.
https://www.columbian.com/news/2024/nov/07/federal...
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