Wall Street expecting Fed to make 25bps cut amid Trump win


Wall Street expecting Fed to make 25bps cut amid Trump win

The Federal Reserve's November FOMC meeting will conclude tomorrow -- Thursday, November 7 -- with many expecting the central bank to cut interest rates by 25 basis points. Yahoo Finance Fed Reporter Jennifer Schonberger joins Market Domination to discuss what to expect from the meeting as officials deliberate over October's labor data. In the wake of the 2024 election results, the Fed may wait to hear President-Elect Donald Trump's economic policy proposals before shifting its rate cutting forecasts.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

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