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Fed Cuts Rates by 0.5%, Powell Warns Against a New Pace, Markets React Swiftly – Kitco News
Jeremy Szafron, Anchor at Kitco News, provides a detailed analysis of the Federal Reserve's 0.5% rate cut, the first significant reduction in over four years. He reviews key statements from Fed Chair Jerome Powell, who warned that this does not signal a new pace for cuts. Szafron also examines market reactions, including stock declines and volatile gold prices, and highlights Fed Governor Michelle Bowman's notable dissent. Stay tuned for a full breakdown on how this decision could affect the economy and your investments.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
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#FederalReserve #JeromePowell #RateCut #InterestRates #StockMarket #GoldPrices #Investing #Economy #FinanceNews #KitcoNews #MarketUpdate #GoldInvesting #Stocks #EconomicOutlook #Inflation #MonetaryPolicy #GoldMarket #DowJones #SP500 #Nasdaq #Investors #MichelleBowman #USEconomy
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