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Published 02:19 IST, September 18th 2024
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
Markets are pricing in a 63% chance of a 50-bps rate cut by the Fed on Wednesday and a 37% chance of a 25-bps cut.
Federal Reserve interest rate cut | Image:
US Federal Reserve
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02:19 IST, September 18th 2024