Fed Rate Cut Looms: Will Markets Echo 2007’s Short-Term Pain?

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Market analyst Brett Eth has drawn parallels between the Federal Reserve’s anticipated September 18, 2024, rate cut and a similar move in 2007.

Brett noted that while Federal Reserve rate cuts often lead to long-term market gains, they can trigger short-term declines.

Fed chair Jerome Powell recently hinted at a rate cut in September, expressing […]

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Article Details

Author / Journalist: Ebiseyei Badei

Category: Crypto

Markets: IndiaEgyptOmanQatarSaudi Arabia

Topics: Market Market News Brett (Based) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 14:05:00 (5 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 140 words

Reading Time: 1 minutes read

Sentences: 54 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22282166

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

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