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Caroline Baum: How to read between the lines of the Fed’s rate-cut statement


Powell’s Fed likely to be cautious and vague in signaling future moves. Unless you have been summering on the International Space Station, you should have heard that the Federal Reserve is planning to lower interest rates by 25 basis points at the conclusion of its two-day meeting on Wednesday. Financial futures markets have been telegraphing

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Posted: July 31, 2019 Wednesday 09:47 AM