Home Business A divided Fed is expected to cut rates for a 3rd straight time

A divided Fed is expected to cut rates for a 3rd straight time

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Federal Reserve Chair Jerome Powell and his colleagues are expected to cut the Fed

The Fed is expected to lower its benchmark interest rate by a quarter percentage point — but with inflation stubbornly high and mixed signals from the job market, it could be a split decision.

(Image credit: Chip Somodevilla)

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