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Markets rally as recession fears ease: Take action or stay patient?
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FOMC Meeting

The U.S. Federal Reserve Leaves Interest Rates UNCHANGED At 5.25% - 5.50% 🚨

The Committee is attentive to the risks to both sides of its dual mandate…does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent.

Takeaway: More hawkish than expected - 25bps September cut still on the table.

Hold.
FOMC Meeting
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