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FOMC cuts rates 25 bps: enough or too much?
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Fed FOMC meeting takeaways from today.

▪️ .25bps announced as expected
▪️ forecast for future cuts lowered from 4 to 2 spooking markets
▪️ inflation target also raised to 2.5%, Fed believes inflation is sticky. As eliant capital keeps saying 3% is the new 2%.
Fed FOMC meeting takeaways from today.
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