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Fed goes big with first rate cut; BoE takes the torch

Fed goes big with first rate cut; BoE takes the torch

Global Market Insights - Forex, Futures, Stocks

September 19, 20243m 58s

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Fed lowers interest rates by 50bps. New dot plot signals another 50bps cuts by December. Wall Street closes in the red, futures point to higher open. BoE and BoJ take the central bank torch.

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