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Inflation and a government shutdown are causing uncertainty around the Fed’s next rate cut, despite a recent 0.25% reduction.
Inflation pressures and the recent government shutdown are prompting analysts and markets to expect a more cautious Federal Reserve approach in December, despite a recent quarter-point rate cut to 3.75%-4%.
In other news, HHS Secretary Robert F. Kennedy Jr. defended White House Chief of Staff Susie Wiles for her work on the MAHA health initiative.
Meanwhile, a 2017 handwritten note from Taylor Swift to Liam Payne, written during his Jingle Bell Ball performance, is scheduled for auction in December 2025, with an estimated value of $6,500 to $13,150.
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La inflación y un cierre del gobierno están causando incertidumbre en torno al próximo recorte de tasas de la Fed, a pesar de una reciente reducción del 0.25%.