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Interest Rates
The Federal Reserve Cuts Interest Rates and Embraces Less Clarity
The Fed cut interest rates at the conclusion of its meeting on 18 September 2019, lowering the Federal Funds rate by 25bp to a range of 1.75% to 2.00%. This reduction in the Fed Funds rate was widely anticipated by markets and follows a 25bp rate cut in July. What was striking about the information transmitted following the meeting is that the Fed is willing to be less clear … [Read more...] about The Federal Reserve Cuts Interest Rates and Embraces Less Clarity