The Federal Reserve cut interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%.Meanwhile, Bowman leans towards a 25 basis points rate cut

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The Federal Reserve cut interest rates significantly by 50 basis points, lowering the target range for the federal funds rate to 4.75%-5%. However, Bowman leans towards a 25 basis point rate cut

The Federal Reserve cuts interest rates by 50 basis points, exceeding expectations

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