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Article Summary
- The Federal Reserve is considering cutting interest rates post-election
- The potential rate cut is seen as a move to stimulate economic growth
- The decision hinges on the outcome of the election and its impact on the economy
- The Federal Reserve is closely monitoring inflation and employment numbers
- Author: Harriet Torry
- Tone: Neutral and informative
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Federal Reserve Poised To Cut Interest Rates Again As Post-election Uncertainty Grows
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 Trump's presidential election victory.
https://www.washingtontimes.com/news/2024/nov/7/fe...
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