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Emergency rate cut unlikely despite rising recession fears, economists say

Monday’s market plunge prompted at least one observer to call on the U.S. Federal Reserve to take action


  • Aug 06 2024
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Emergency rate cut unlikely despite rising recession fears, economists say
Emergency rate cut unlikely despite rising recession fears, economists say
Economists believe the United States Federal Reserve and the Bank of Canada may cut their policy rates faster than previously expected after fears of a potential U.S. recession sparked a wave volatility in global financial markets over the past week. Read More

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