The day ahead: Tuesday

November 2, 2009

The Federal Reserve is widely expected to keep its benchmark interest rate where it has been since December — near zero — when it concludes a policy meeting this week.

*  Results from Kraft will go a long way to answering the big question investors have regarding its offer to buy British chocolatier Cadbury: will it raise its bid, and if so, by how much?

*  Major automakers release sales results for October. Analysts and executives say industry-wide sales are tracking to hit their highest rate of the year — apart from July and August when results were turbocharged by the U.S. government’s Cash for Clunkers program.

*  At the second day of the Reuters Autos Summit being held in Detroit and Paris we speak with United Auto Workers President Ron Gettelfinger and Daimler AG Head of Trucks Division Andreas Renschler.

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