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Fed Rate Falls Below 4% for First Time Since 2022, Markets See More Cuts Ahead

Investing.com Logo Investing.com By Valuewalk
Fed Rate Falls Below 4% for First Time Since 2022, Markets See More Cuts Ahead

The Federal Reserve lowered interest rates by 25 basis points to the 3.75-4.00% range, marking the first time in three years the federal funds rate has been below 4%. Markets anticipate potential additional rate cuts, with 84% of traders expecting another cut in December.

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