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The stock market dipped after a historic Fed rate cut. Here’s what the experts think - Fortune
“This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune via email.
By: Fortune
- Sep 20 2024
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The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50 basis pointsbut it still wasnt enough. After a brief jump following the i… [+5315 chars]