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Instant Reaction: Jerome Powell Defends 50 Point Rate Cut

Bloomberg Daybreak: Asia Edition

00:00

Analyzing the Federal Reserve's Historic Rate Cut and Market Reactions

This chapter explores the Federal Reserve's decision to reduce interest rates by 50 basis points, highlighting dissent from a sitting governor. The discussion includes implications for equity markets like the S&P 500 and Nasdaq 100, as well as insights into inflation trends and Lenovo's support for businesses.

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