🇺🇸 US Interest Rate Decision: How Will the Election Impact the Fed’s Next Move?
🟢 Rate Cut: The Federal Reserve lowered the federal funds target range by 25 basis points to 4.5%-4.75%, following a 50 basis point cut in September.
🟢 Data-Driven Decisions: Chair Jerome Powell emphasized that the Fed will continue to assess incoming data and economic risks on a meeting-by-meeting basis.
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