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JUST IN: FED Chairman Jerome Powell Speaks After Interest Rate Decision – LIVE

Author: Content Editor
The content discusses the anticipation of a 25 basis point cut in interest rates by the Federal Reserve and highlights the importance of Chairman Jerome Powell's statements during the subsequent press conference. The article mentions that while investors expected the rate cut, there is skepticism about the extent and pace of future cuts. The possibility of a pause in rate cuts in January or longer is also mentioned, as central bankers assess the economy and the impact of new policies implemented by the new president. The article concludes by stating that the expectations for a rate cut greatly influence long-term interest rates and the market.

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