Guess whether the Fed will cut interest rates or not at the interest rate meeting on November 7, 2024, and if so, how much will the interest rate be cut?

Regarding the Fed's interest rate meeting on November 7, 2024, there are several predictions and discussions:

GPT's answer:

The Fed may cut interest rates by 25 basis points at the interest rate meeting on November 7, 2024, lowering the benchmark interest rate to about 4.5%-4.75%.

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