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Wall Street Journal reporter: Influenced by strong employment data, the Federal Reserve may rule out another 50 basis point rate cut in November

2024-10-05 01:56
Odaily News Nick Timiraos, a Wall Street Journal reporter known as the "Federal Reserve mouthpiece," said the September jobs report could close the door for the Fed to cut interest rates by another 50 basis points next month and keep officials on track for a 25 basis point cut.