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Central Bank Focus

Fed: An Uneventful Meeting At An Interesting Time

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Maintain a long-duration stance as the Fed moves to wait-and-see while downside growth risks build. The Fed held rates at 3.5-3.75% following three consecutive rate cuts. It signaled no urgency to cut again with only Governors Miran and Waller dissenting in…

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