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US Fed expected to announce its first interest rate cut since 2020

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US Fed's progress against inflation 'not assured': Powell

The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. Senior officials at the US central bank including Fed chair Jerome Powell have in recent […]

The post US Fed expected to announce its first interest rate cut since 2020 appeared first on Insider Paper.

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