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Fed Chairman Powell: If the economy develops as expected, there will be two more rate cuts this year totalling 50 basis points

Fed Chairman Powell: If the economy develops as expected, there will be two more rate cuts this year totalling 50 basis points

Bitget2024/09/30 20:49

On 1 October, Federal Reserve Chairman Jerome Powell said that if the economy develops as expected, there will be two more interest rate cuts this year, with a total range of 50 basis points.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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