Federal Reserve all set for rate cut, brushing off election uncertainties

The Federal Reserve plans a quarter-point rate cut next week, pressing on with a policy shift despite weak October jobs numbers and uncertainty from Tuesday’s presidential election. The central bank is aiming to ease the federal funds rate to 4.5-4.75%, a level that Fed officials think could balance inflation concerns without dragging down growth. This […] source: https://www.cryptopolitan.com/fed-rate-cut-election-uncertainties/