Central Bank Focus
Fed Cuts 25 bps, Ends QT, Pushes Back On December Move
The Fed cut rates by 25 bps to 3.75%–4.00% and announced QT will end December 1, signaling modest easing but no December cut commitment. The decision matched expectations, with dovish (Gov. Miran, for a 50 bps cut) and hawkish (Pres. Schmid, for no cut)…
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