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Second Thoughts about the Scope and Implication of Possible Resumed Federal Reserve Interest Rate Cuts
August 25, 2025
(177) The euphoria of investors following last Friday’s speech from Fed Chairman Powell ebbed quickly. Whereas risk-on behavior surged before the weekend on the signal that a rate reduction in September would be up for likely discussion, today’s market activity has been considerably more muted. Ten-year sovereign debt yields have risen seven basis points in […] More
