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Fed Looks Locked In for Quarter-Point Cut: Decision Day Guide

  • Williams mishap leads to firm signal against half-point cut
  • Regional presidents may dissent amid solid economic data
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Fed's Powell Has to Correct for December Hike, Sri-Kumar Says

The Federal Reserve is widely expected to lower interest rates by a quarter-point at its meeting that concludes Wednesday and leave the option open for additional moves despite demands by President Donald Trump for a “large” rate cut.

“We may get a dissent or two, but it seems like a 25-basis-point cut is pretty much locked in,” said Julia Coronado, president and founder of MacroPolicy Perspectives LLC in New York.