Fed Rate Cut Sparks Optimism – And Uncertainty – OpEd
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In a move that ended months of market speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has broken its 14-month policy pause with a significant 50 basis point cut to the federal funds rate. This decision, lowering the rate to a range between 4.75 and 5.00 percent, marks the first cut since the...
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