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September 01, 2020 1:33pm
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Dow Gets Rate Cut Indigestion After Fed Delivers 25-Basis Point Cut

The capital markets got what they were hoping for on Wednesday after the Federal Reserve delivered a rate cut of 25 basis points. However, the rate cut indigestion by the major indexes may have showed that the markets were hoping for a larger cut. “There’s a range of things that they’re looking...
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