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Kiplinger
Kiplinger
Business
Charles Lewis Sizemore, CFA

How to Invest for Fall Rate Cuts by the Fed

US Federal Reserve Interest Rates
The federal reserve building in washington dc under gathering storm clouds.

As was widely expected, the Federal Reserve cut its benchmark interest rate by 25 basis points at its September 16-17 meeting. And more rate cuts are coming, probably as soon as the next Fed meeting on October 28-29.

The Fed cut the target range for the federal funds rate to 4.00% to 4.25% because of deteriorating incoming labor market conditions, despite Bureau of Economic Analysis showing better-than-expected second-quarter GDP growth.

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