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Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year

The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.

Joe Rennison
Author: Joe Rennison

Written by

Joe Rennison

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Federal Reserve System, Government Bonds, Regulation and Deregulation of Industry, Standard & Poor’s 500-Stock Index, United States Economy
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