The Fed retains charges unchanged at four.25% to four.5%. Bowman and Waller dissent
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Earlier than the choice, the market was pricing in 17 foundation factors of cuts for September and a reduce absolutely reduce for October.
Shares earlier than the choice:
- S&P index up 15.28 factors or zero.24% at 6386.18
- NASDAQ index up 98 factors or zero.47% at 21197.45
- 10 yr yield four.352%.
This text was written by Emma Wang at investinglive.com.
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