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Macquarie: It is expected that the Federal Reserve will implement its first interest rate cut in September, previously predicted to be in December

Bitget2024/07/12 03:56

Macquarie: It is expected that the Federal Reserve will implement its first interest rate cut in September, previously predicted to be in December. In addition, the Fed will cumulatively cut interest rates by 50 basis points this year, previously forecasted to be 25 basis points.

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