Fed Reduces Rates by 25 Basis Points Amid Emerging Macro Challenges
Title: Fed Cuts Rates by 25 bps Amid Lingering Macro Challenges Date: October 3, 2023 Introduction: In a significant monetary policy decision, the Federal Reserve announced a 25 basis point cut in interest rates, attempting to bolster the U.S. economy amid increasing signs of a global slowdown. While markets had largely anticipated the cut, investors […]
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