Fed cuts rates quarter point, with two dissents showing division #shorts #powell #fed #markets
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YouTubeBloomberg Television
Fed cuts rates quarter point, with two dissents showing division #shorts #powell #fed #markets
Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labor market, and said they would stop shrinking the central bank’s portfolio of assets on Dec. 1. Michael McKee reports on the 25 basis point cut https://bloom.bg/47KW27s
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The Fed cut interest rates by 25 basis points — the second rate cut this year.
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