Forex
globalreutersOctober 11, 20241 Mins read
Fed: Not everyone on board with a 50-bps rate cut – OCBC
globalreutersOctober 11, 20241 Mins read The key takeaway from the US Federal Reserve’s (Fed) minutes of its 17/18 Sep 2024 Federal Open Market Committee (FOMC) meeting was that, while all participants agreed that it was appropriate to ease the stance of monetary policy in September, but not everyone was on board with the decision of a 50-bps rate cut, OCBC FX analysts Frances Cheung and Christopher Wong note.
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