Marc Eberlin
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On Wednesday, the Federal Reserve held interest rates steady at a range of 5.25% to 5.5%, as expected, marking the third consecutive pause in rate hikes. The "dovish" dot plot reveals that over half of Fed officials anticipate cutting interest rates by at least three times next year, which equates to approximately 75 basis points. Furthermore, almost 30% of Fed officials expect a minimum of four cuts. The ma...
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Marc Eberlin Lakshmi74 : Right