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Federal Reserve Rate Cut Decision Looms, Potential Impact on Markets
Federal Reserve Rate Cut Decision Looms, Potential Impact on Markets
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BTCCSquare news:
The Federal Open Market Committee is poised to announce its interest-rate decision today at 2 p.m. ET, with expectations leaning toward a quarter-point reduction from the current 4.25%-4.5% range. A more aggressive half-point cut remains possible, marking the first adjustment since December 2024.
Inflation persists at 2.9%, above the Fed's 2% target, but weakening job growth—July's 73,000 new jobs fell short of projections, followed by August's dismal 22,000—has shifted priorities toward labor market stimulation. The Fed appears willing to tolerate marginal inflationary risks to bolster employment.
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