Fed Cuts Interest Rates by 0.25% Amid Market Discontent ๐
The Federal Reserve announced a 0.25% rate cut and reduced future easing plans, signaling a shift that unsettled markets and raised concerns among investors.
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The markets did not like what they heard from Fed Chairman Jerome Powell Wednesday, the Fed's 25 point cut and more importantly trimming of future cuts to two.
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757
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Published
Dec 19, 2024
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