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The market believes that there will be a rate cut in September, and the speculation has even heated up to 50 basis points. So if, and I mean if, Powell says there will only be a 25 basis point cut or even no rate cut at all, wouldn't that cause an explosion?
The U.S. economy is doing very well right now; what would be the significance of a substantial rate cut? To give us money?
The market believes that there will be a rate cut in September, and the speculation has even heated up to 50 basis points. So if, and I mean if, Powell says there will only be a 25 basis point cut or even no rate cut at all, wouldn't that cause an explosion?
The U.S. economy is doing very well right now; what would be the significance of a substantial rate cut? To give us money?