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Consider This Bank ETF Before the Fed Cuts Rate This Fall

Pelican Press

By Pelican Press,
in World News

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The Federal Reserve’s July meeting came and passed precisely as expected: without any change to its benchmark effective federal funds rate (EFFR). Chairman Jerome Powell and the other governors noted their post-meeting press release that the central bank will be holding its EFFR steady in the 4.25% to 4.50% range, noting that “uncertainty about the economic

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