fromLondon Business News | Londonlovesbusiness.com
4 days agoWhat to expect from the Fed's interest rate decision - London Business News | Londonlovesbusiness.com
Investors expect the Federal Reserve to announce a rate cut of 25 basis points after the two-day FOMC meeting, which ends on Wednesday. Looking ahead, the CME's FedWatch Tool assigns a 95% probability to a further quarter-point cut in December. Traders will be watching closely for any guidance from Fed Chair Jerome Powell over future rate cuts, especially given growing concerns about labour market weakness.
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