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The Federal Reserve cut interest rates as expected and announced it would stop balance sheet reduction starting in December. Trump’s nominated governor advocates a 50 basis point cut.

The Federal Reserve cut interest rates as expected and announced it would stop balance sheet reduction starting in December. Trump’s nominated governor advocates a 50 basis point cut.

``` The Federal Reserve cut interest rates by 25 basis points. The decision statement: balance sheet reduction will stop on December 1. Milan dissented, demanding a 50 basis point rate cut. Risk Warning and DisclaimerThe market involves risks; investments should be made cautiously. This article does not constitute personal investment advice,