WASHINGTON -- The bond market is primed for another round of cuts in short-term interest rates by the Federal Reserve despite the dollar jitters in foreign exchange markets, analysts said yesterday.

Expectations are widespread that the Fed will move Friday to slash the discount rate to 2.5% from 3% and the federal funds rate by at least 25 basis points to 2.75%. That is assuming the Labor Department reports nonfarm jobs fell in September, something many economists predict.

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