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Reuters poll: Federal Reserve to cut fed funds rate by 25 basis points in September

A Reuters poll of 108 economists shows:

  • Federal Reserve to cut fed funds rate by 25 basis points in September says 70 of 108 economists (versus 54 of 100 in April poll)
  • Federal Reserve to cut rates by 50 basis points in 2024 says 65 of 108 economists. 17 say over 50 basis points, one says no cuts.

This article was written by Greg Michalowski at www.forexlive.com.

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