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Fed meets ahead of interest rate decision

Economists think another interest rate cut is on the way.

A view of the U.S. Federal Reserve building. 
A view of the U.S. Federal Reserve building. 
KAREN BLEIER/AFP/Getty Images

The Federal Reserve’s Open Market Committee meets for a second day Wednesday, before announcing its direction on interest rates. Most economists and investors are betting on another cut — by 25 basis-points — which would be the third since July of this year.

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