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The Federal Reserve (Fed) is preparing to take a significant step toward lowering borrowing costs at its upcoming two-day policy meeting, set to conclude on Wednesday. After a period of rapid interest rate hikes to combat rising inflation, the central bank is now shifting gears. Its benchmark interest rate...
As the global economy continues to navigate the uncertainties wrought by the COVID-19 pandemic, investors worldwide are closely monitoring the Federal Reserve's latest rate-cut projections. Anticipation and speculation abound as market participants await insights into the Fed's monetary policy stance and its implications for various asset classes. The Federal Reserve's...