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Federal Reserve Cuts Rates by 50 Basis Points

From Wolf on Wall Street – Trade  Today’s session started sluggish in front of the Federal Open Market Committee (FOMC), which voted in favor of cutting the target range for the fed funds rate by 50 basis points to 4.75-5.00%. It was not a unanimous vote. Fed Governor Bowman dissented, 

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09/18/2024 10:00 pm No Comments

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