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Fed Eyes Inflation as Trump Pushes Cut: Decision-Day Guide

  • Committee confronts mix of faster growth, weaker price gains
  • Trump urges Fed to make a one-point cut, resume bond purchases
Bloomberg business news
Fed Rate Cut So Late in the Cycle Would Be Odd, HSBC's King Says
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Federal Reserve policy makers may decide Wednesday that falling inflation reinforces a message of caution on interest-rate moves, rather than bowing to President Donald Trump’s demands for drastic action to boost the U.S. economy.