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2025-09-16 15:36:45
[S&P: Both the Federal Reserve and the Bank of Canada are expected to cut interest rates by 25 basis points this week] S&P predicts that the Federal Reserve will cut interest rates by 25 basis points this week, bringing the rate to 4% to 4.25%, amid cooling employment data and persistently high inflation. It also expects another rate cut in the fourth quarter. The agency also expects the Bank of Canada to cut interest rates by 25 basis points to 2.5%, and may cut interest rates at least once this year.
