Fed poised for another rate cut despite shutdown uncertainty

Business

WASHINGTON The Federal Reserve is expected to announce its second rate cut of the year on Oct. 29, despite a lack of clarity over the health of the U.S. economy due to the ongoing government shutdown. The U.S. central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between Republicans and Democrats over healthcare subsidies, resulting in the ceased publication of almost all official data. Without these key insights into the U.S.

Fed poised for another rate cut despite shutdown uncertainty https://www.hurriyetdailynews.com/ - 12:11

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Fed poised for another rate cut despite shutdown uncertainty https://www.hurriyetdailynews.com/ - 12:11