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Cryptopolitan 2024-09-19 05:42:52

Federal Reserve might’ve set America on a course to recession with the rate cut

The Federal Reserve’s decision to slash interest rates by 50 basis points yesterday has folks wondering whether it could lead to another recession. The last two times they cut rates by more than 50 basis points, the economy fell into recession a few months later. History is not on the Fed’s side The first time

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