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U.S. cuts benchmark interest rate by 25bp...in line with market expectations

JH Kim

The U.S. Federal Reserve (Fed) Federal Open Market Committee (FOMC) announced on the 29th (local time) in an official statement that it would lower the benchmark interest rate by 25bp. This matches market expectations. As a result, the U.S. benchmark interest rate was lowered to 3.75%~4.00%.

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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