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Instant Reaction: Jerome Powell Defends 50 Point Rate Cut

Wall Street Week

CHAPTER

Analyzing the Implications of the Federal Reserve's Historic Rate Cut

This chapter explores the recent 50-point rate cut by the Federal Reserve, emphasizing the rare dissent among its members. It delves into the potential impacts on the labor market and inflation, while considering the need for more data to fully grasp the Federal Reserve's evolving strategies.

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