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FED CONSENSUS: Benny and The Fed apply the band-aid to the leaky dam
akrcapitalresearch.com — CONSENSUS SENTIMENT: POSITIVE (Bear Market Indicator). In one of the most eagerly awaited economic non-events in the past 6 weeks, Benny and the Fed, surprises the Consensus and pushes the envelop by cutting interest rates 50bp and discount rate by an additional 50bp.
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