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Powell’s Mixed Message Remains Dovish

The cut the federal funds rate (FFR) by 25bps yesterday as widely expected. We expected it as well, though we still believe that the now 75bps cut in the FFR since September 18 is too much, too soon because both the economy and the…

More Fed Cuts Needed | Nasdaq

After 25bp cut, Fed Funds is now 4.75%On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line).Fed Funds rate is well above…