Oct 22 (Reuters) - U.S. industrial conglomerate 3M Co ( MMM )

raised the lower end of its full-year adjusted profit

forecast on Tuesday, anticipating a boost in consumer spending

after the U.S. Federal Reserve cut borrowing costs in September.

The St. Paul, Minnesota-based company now expects its

full-year adjusted profit to be between $7.20 and $7.30 per

share, compared with its previous forecast of $7.00 to $7.30 per

share.