FOMC lowers federal funds rate by 25 basis points to 1.5% - 1.75% range as expected

Following its 2-day meeting, the Federal Open Market Committee (FOMC) on Wednesday announced that it lowered the benchmark interest rate by 25 basis p
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GBP/USD: Federal Reserve cuts rates as expected, cable drops

The US Federal Reserve interest rate decision was in anticipation this month, falling within a very eventful end of the month with plenty of geopoliti
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