Fed Expected to Deliver Second Straight Rate Cut
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YouTubeBloomberg Television
Fed Expected to Deliver Second Straight Rate Cut
The Federal Reserve is expected to deliver a second straight interest-rate cut to support a wobbly job market, but may face opposition from officials anxious over inflation. That decision comes Wednesday. But since the government has been shutdown, policy makers may not be able to offer much forward guidance. Bloomberg's Michael McKee reports ...
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The Federal Reserve is expected to lower interest rates by a quarter point at its meeting this week and could cut at the next two meetings as well, according to the October CNBC Fed Survey. Full details: cnb.cx/48MxIDh | CNBC
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