🚨 The #FOMC has announced a 25 basis point cut to U.S. interest rates.
The new range for interest rates is now 4.25% to 4.5%.
This decision aligns with market expectations. 📊
👉 Jerome Powell's Speech
During the press conference, #FED Chair Jerome Powell highlighted that:
1️⃣ Economic Growth: Despite weakness in the housing sector, overall economic activity continues to grow at a strong pace.
2️⃣ Labor Market: The labor market remains solid, although it has softened slightly compared to
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