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US Fed FOMC Meeting Live Updates: The US Federal Reserve is set to conclude its two-day monetary policy meeting today (October 29), with investors largely anticipating a 25 basis point reduction in interest rates, which would lower the policy rate to a range of 3.75%–4.00%.

In its previous decision in September 2025, the Fed cut its benchmark rate by 25 basis points to a range of 4.00%–4.25%, indicating an intention to closely monitor incoming economic data before deciding on any additional rate adjustments later in the year.

This week’s meeting is occurring under atypical circumstances. Since October 1, the federal government has been in a shutdown following Congress’s failure to approve new funding measures. Consequently, the release of several key macroeconomic

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