Factbox-Most brokerages expect 25 bps rate cut from Fed on Wednesday

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Factbox-Most brokerages expect 25 bps rate cut from Fed on Wednesday
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Major brokerages expect the U.S. Federal Reserve to lower interest rates by 25 basis points at the end of its two-day monetary policy meeting that starts on ...

- Major brokerages expect the U.S. Federal Reserve to lower interest rates by 25 basis points at the end of its two-day monetary policy meeting that starts on Tuesday, even as financial markets price in a good chance of policymakers starting the easing cycle with an outsized rate reduction.

Last week, a Reuters poll found that a majority of 101 economists expected the Fed to cut rates by 25 bps at the meeting, while only nine expected a half-percentage-point cut at the conclusion of the two-day Federal Open Market Committee meeting. Week 2 of the 2024 NFL season is over. And if you play fantasy football, you’re already planning ahead with waiverIn the latest in a series of criminal investigations opened during Russia's war in Ukraine, the Prosecutor General's Office said on the Telegram messenger platform that it was looking into a social media post showing images of an apparent execution. It did not identify the post but said it showed photos of a dead soldier in the eastern town of Novohrodivka.

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