Fed/Powell Unleash Chaos Across Markets With 'Not A Crisis At All' 50bps Rate-Cut

Sep 18th 2024 4:00pm EDT

Fed/Powell Unleash Chaos Across Markets With ‘Not A Crisis At All’ 50bps Rate-Cut 50bps cut… uber-dovish Dots… Powell pushed back… stocks end red, dollar and yields end higher. “The US economy is in a good place and our decision today is designed to keep it there,” said Fed Chair Pay Powell during the press conference. […]

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