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Fed target rate

Hong Kong keeps rate steady for seventh time as traders shift focus to September for first cut

by Anas Siddiqui
Hong Kong keeps rate steady for seventh time as traders shift focus to September for first cut

The Fed’s policymakers signalled just one rate cut this year, pencilling in four reductions in 2025. That did little to douse the fervour in the stock market, as the S&P500 …

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