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Markets brace for presidential election, Fed meeting: What to know this week

Yahoo Finance
Summary
Nutrition label

87% Informative

The S&P 500 had its best start to an election year since 1932 , with a 20% year-to-date return for the benchmark index.

Markets are widely expecting the Federal Reserve to cut interest rates by 25 basis points when it announces its next policy decision on Nov. 7 .

The key question entering the meeting is what the central bank will signal about its plans for future meetings.

Since the start of October , analysts have cut estimates by 1.8% , according to FactSet data.

This is in line with the average cut to earnings seen over the past 10 years .

"At a certain point, earnings have to take the baton," Mayfield says.

VR Score

95

Informative language

96

Neutral language

82

Article tone

formal

Language

English

Language complexity

41

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not offensive

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Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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