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Mike
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#FOMC: results of the Fed meeting The Fed cut the interest rate by 50 bp to 5% (expectations were for a reduction to 5.25%). We will also highlight some takeaways from the meeting: 🟢The Fed expects 2 more cuts this year 🟢Economic activity is growing at a steady pace 🟢Inflation is steadily moving towards the target 2% 🟢Economic prospects are uncertain 🟢The Fed will continue to reduce its balance sheet
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