As the US waits with baited breath to see the results of the presidential , there is another key decision which will be made this week which will impact the finances of millions of Americans.
The , led by chair Jerome Powell, will announce on Thursday whether it will be cutting interest rates again this year. The decision is based on a vote by the 12 members of the Fed's committee.
The for the first time since the early days of the pandemic in 2020.
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