The Federal Reserve will announce its interest rate decision early Thursday morning, possibly cutting rates by 25 basis points.
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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