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Goldman Sachs still sees 25 basis point Fed cut next week

Former New York Federal Reserve President Bill Dudley said on Thursday there was a strong case for a 50-basis-point interest rate cut at the Fed’s Sept. 17-18 rate-setting meeting.

Investors on Friday reacted to news articles in the Financial Times and the Wall Street Journal, which highlighted that the size of the first cut could be a close call for Fed officials, triggering speculation of a larger cut.


Source: Economy - investing.com

IMF chief backs regional director after Argentina tensions

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production