WASHINGTON — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s presidential election victory. Yet the Fed’s future moves are now more uncertain in the aftermath of the election, given that Trump’s economic proposals have been widely flagged as potentially inflationary.

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BING NEWS:
  • Live Coverage: Fed set to slash rates, shake Gold, Stocks US Dollar, after Trump's victory
    Fed Chair Jerome Powell will also address the recent jobs report, which was depressing, but skewed by hurricanes. Questions about the bump up in inflation will also be of interest. All in all, the ...
    11/6/2024 - 7:46 pm | View Link
  • Fed to Cut Interest Rates to Address Inflation, Amid Uncertainty After Trump’s Election
    The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...
    11/6/2024 - 6:27 pm | View Link
  • US Fed rate cut plans likely unchanged by Trump victory
    The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing ...
    11/6/2024 - 2:11 pm | View Link
  • Americans are probably getting another interest rate cut this week — just days after the election
    On Thursday, the Federal Open Market Committee will announce its next decision on interest rates ... in their ability to cut rates without reigniting inflation," Julia Pollak, chief economist ...
    11/6/2024 - 7:32 am | View Link
  • Federal Reserve Meeting: Updates and Commentary
    In the wake of the November 5 election, the Federal Reserve is having its next scheduled meeting. In September, the Fed cut rates for the first time after a series of rate hikes to address ...
    11/6/2024 - 6:53 am | View Link
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