The Federal Reserve will announce its interest rate decision early Thursday morning, possibly cutting rates by 25 basis points.
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Jinse Finance reported that the Federal Reserve will announce its interest rate decision at 02:00 (GMT+8) on October 30, followed by a press conference held by Powell at 02:30. Against the backdrop of a government shutdown and a data vacuum, the market generally expects a “blind” rate cut of 25 basis points. Powell faces significant pressure, and the timing of a pause in balance sheet reduction is also under close scrutiny.
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