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Investors look ahead to US Federal Reserve rate decision
02:35
US
Investors look ahead to US Federal Reserve rate decision
European markets are set to open higher ahead of the next Fed rate decision. Central bankers are largely expected to hold rates steady, with fed funds futures pricing in a 97% probability that rates will remain at current levels. European markets traded higher on Tuesday after data showed inflation fell to a two-year low of 2.9% in October. But in the US, underlying price gains picked up in September, although possibly not enough to prompt the central bank to raise rates at this juncture....
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