Event Details

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  "content": "For the first time since the outbreak of the New Crown Virus pandemic, the Fed has reduced interest rates by 50 basis points. The Fed says it's more confident that inflation will return to normal. The fall is more radical than many expected. Of 114 economists, 105 are expected to reduce interest rates by 25 basis points. The Forbes reported: "This will have a significant impact on the financial position of Americans, making borrowing cheaper and cheaper, although the golden age of high-yield savings instruments may be over."",
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