The Federal Reserve will cut interest rates by 25 basis points in September, kicking off a new round of easing. This year will see a cumulative 50 basis points cut, while next year will see another 100 basis points reduction, with the risk of rate cuts tending to be earlier rather than later.
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The Federal Reserve will cut interest rates by 25 basis points in September, kicking off a new round of easing. This year will see a cumulative 50 basis points cut, while next year will see another 100 basis points reduction, with the risk of rate cuts tending to be earlier rather than later.