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Fed Meeting, Unemployment Loom

 Phil Amato     Created: 11/2/2009 6:32:17 AM    Updated: 11/2/2009 6:52:48 AM
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WASHINGTON (AP) -- The week's economic calendar is packed, beginning with today's reading on manufacturing from the Institute for Supply Management. Reports are also due today on construction spending and pending home sales.

The Federal Reserve holds a two-day policy setting session this week, with no change expected in interest rates when the meeting wraps up Wednesday.

The monthly unemployment report is scheduled for Friday. Economists look for the jobless rate to rise to 9.9 percent.

 

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