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Federal Reserve Expected To Cut Interest Rates After Election

US Federal Reserve Jerome Powell Interest Rates United States
The Federal Reserve building in Washington

The Federal Reserve is set to announce a decision on cutting interest rates following a historic US presidential election. The central bank is expected to reduce rates by a quarter point at the end of its two-day policy meeting. This move is anticipated as inflation continues to show a downward trend.

Expected quarter-point rate reduction due to declining inflation.
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