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Fed Meeting Today: Interest-Rate Decision, Jerome Powell Speech, and More to Watch

Summary by Ground News
The Federal Reserve is expected to leave interest rates unchanged at its policy meeting today. This would mark the second consecutive meeting at which the central bank opted to skip another rate hike in the current policy-tightening cycle. Based on the CME FedWatch Tool, which tracks interest-rate futures, the odds of Fed officials holding rates steady stood at 99.6% Tuesday morning.

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Barron's broke the news in New York, United States on Wednesday, November 1, 2023.
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