US Fed to debate rate cut in shadow of presidential election

US Fed to debate rate cut in shadow of presidential election …C0NTINUE READING HERE >>>

Fed Chair Jerome Powell, seen in Washington in September 2024, will convene a meeting of top officials to set the US central bank’s key interest rate target.
Photo: Mandel NGAN / AFP/File
Source: AFP

The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.

Opinion polls show Democratic Vice President Kamala Harris and Republican former president Donald Trump in a dead heat…

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