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Wall Street Braces for Fed’s First Rate Cut Since 2020 Amid Volatility
Cheddar News
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1 year ago
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00:00
Wall Street is on edge as the Federal Reserve nears its first rate cut since 2020.
00:06
Traders are split on whether the cut will be a quarter point or half point.
00:10
Markets are volatile, with bonds indicating recession fears and
00:14
pricing insignificant rate cuts, while stocks remain optimistic, buoyed by solid tech gains.
00:21
Recent mixed economic data and shifting yields fuel uncertainty,
00:25
making this one of the most anticipated Fed meetings in years.
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