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The Fed continues to cut the basic interest rate by an additional 0
The Fed continues to cut its benchmark interest rate by an additional 0.25% in November, down to 4.5% - 4.75%.
Officials are satisfied with the current level of inflation, although it still exceeds the #FED's target of 2%.
Market expectations for the next interest rate cut in December are quite low. Investors are concerned that Donald Trump will significantly increase inflation with his future tax plans.