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Commonwealth Bank of Australia forecast a 25bp September Federal Reserve interest rate cut

Reuters with the snippet from CBA:

  • We favour a 25 bp cut because the U.S. economy is still in good shape
  • 50 bp cuts are usually reserved for situations where the economic outlook is under threat

Powell speaks on Friday

This article was written by Eamonn Sheridan at www.forexlive.com.

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