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globalreutersDecember 18, 20241 Mins read
Powell speech: Rate hike does not appear to be a likely outcome next year
globalreutersDecember 18, 20241 Mins read Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press conference.
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