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Published 06:17 IST, September 14th 2024

Fed seen nearly as likely to cut rates by 50 bps as 25 bps

The market move reflects increasing bets by traders that the Fed may try to head off deterioration in the labor market.

Reported by: Thomson Reuters
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Fed seen nearly as likely to cut rates by 50 bps as 25 bps
Fed seen nearly as likely to cut rates by 50 bps as 25 bps | Image: Shutterstock
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06:17 IST, September 14th 2024