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Fed widely expected to cut US interest rates for first time in four years; odds of UK cut fall – business live

Markets are bracing for a crucial US interest rate decision today, with many investors expecting a large cut to rates

What would a Federal Reserve interest rate cut mean for you?

Despite fears of a Taylor Swift effect, hotel and restaurant prices actually fell last month.

Today’s inflation report shows that prices at restaurants and hotels fell by 0.7% in August, compared with July.

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