Nov. 6 (UPI) -- Prognosticators anticipate the Federal Reserve on Thursday will announce a second rate cut after lowering the federal lending rate by 0.5% in September. The expected rate cut would be half that amount at 0.25%, which would lower the Federal Reserve's lending rate to between 4.5% and 4.75%. Advertisement The current lending rate is between 4.75% and 5%, while inflation in October was 2.1%. The Federal Reserve has a 2% goal for inflation to lower the federal lending rate to banks

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