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"A good strong start" to Fed’s rate cut cycle
Source: Buzz FX / 20 Sep 2024 06:16:18 America/Chicago
The Fed decided to reduce the target range of its Fed Funds Target Rate (FFTR) by 50- basis points to a range of 4.75-5 per cent at its Federal Open Market Committee (FOMC) meeting on September 17-18.This was a deeper cut than expected and
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