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Reuters

Futures tread water as investors brace for Fed rate cut

Reuters
Summary
Nutrition label

80% Informative

Most traders betting on a half -percentage-point reduction in interest rates.

Borrowing costs have stayed at their highest levels in over two decades since July 2023 .

Investors will be watching for comments from Fed Chair Jerome Powell at 2:30 p.m. ET to gauge the central bank's stance on the economy and prospects of further rate cuts.

VR Score

92

Informative language

99

Neutral language

49

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links