Fed cut begins normalising settings

Sep 19, 2024 | Market Commentary, Money Market

19.9.24 The US Federal Reserve has started their easing cycle with a larger than expected 50bp cut. “The Federal Reserve signalled it will be dialling back restrictive monetary policy settings towards more neutral levels given greater confidence on the inflation outlook and concerns over the labour market,” commented ASB Bank senior economist Mark Smith. […]

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Fed cut begins normalising settings

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