The Federal Reserve cut interest rates by 25 basis points as expected, but three voting members opposed it, still projecting one more rate cut next year and initiating the Reserve Investor Program (RMP) to purchase $40 billion in short-term bonds. | Bee Network
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BTC dips to $90,000, interest rate cut implemented = all the good news is out.Next
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- Original source: Wall Street News Key points : As expected, the Federal Reserve cut interest rates for the third consecutive time by 25 basis points, but for the first time since 2019, it recei...