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FOMC accelerates rate cut pace, Wells Fargo maintains outlook By Investing.com
Source: Buzz FX / 18 Sep 2024 17:56:16 America/New_York
On Wednesday, the Federal Open Market Committee (FOMC) surprised market participants by implementing a larger-than-anticipated 50 basis points (bps) reduction in the federal funds rate. Wells Fargo (NYSE: WFC ) had predicted a 25 bps cut fo
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