Democratic Senators Push for a 75-Basis-Point Fed Rate Cut.

Sept 17, 2024 Sept 17, 2024

Despite easing inflation, lawmakers warn of potential risks to the labor market if the Fed delays cuts.

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The central bank is expected to cut rates, but opinions vary on whether it will be 25 or 50 bps.

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Rate cut could trigger a crypto rebound, lifting Bitcoin and Ethereum amidst market pressure.

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Senators call for aggressive rate cuts to avoid a deeper economic downturn.

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