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Federal Reserve

WASHINGTON, DC - JULY 31: Federal Reserve Chairman Jerome Powell speaks at a news conference following a meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building. on July 31, 2024 in Washington, DC. Powell spoke to members of the media after the Federal Reserve kept short-term interest rates where they are with broad expectations for a rate cut in September. (Photo by Andrew Harnik/Getty Images)

What a bigger-than-expected Fed rate cut would mean for the stock market

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