External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The FOMC today cut rates by 25bps to a 4.5% to 4.25% range.</li><li>At the press conference, chairman Powell acknowledged that the decision to cut had been a close call, and one of the committee participants also votes against the cut.</li><li>The projection for and risk picture on inflation was revised markedly higher, with the median estimate now at 2.5% for next year.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The FOMC today cut rates by 25bps to a 4.5% to 4.25% range.At the press conference, chairman Powell acknowledged that the decision to cut had been a close call, and one of the committee participants also votes against the cut.The projection for and risk picture on inflation was revised markedly higher, with the median estimate now at 2.5% for next year.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FOMC Review: A Close Call