The Fed delivers a rare ‘hawkish cut’ as Powell tries to steady a softening job market
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The federal reserve has made a decision on interest rates, with some outlets reporting a cut and others indicating rates were held steady. There appears to be division among fed members, with some reports noting dissent and a split decision. The outcome of the decision is having an impact on financial markets, including forex and cryptocurrency.
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