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.
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