What the Sigma

Fed Trims Rates As Shutdown Deepens Recession Fears


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The Fed just chopped rates by 0.25%, but with a messy 10-to-2 vote and a government shutdown messing up their data, markets are freaking out hard. Powell’s warning that December cuts aren’t guaranteed feels like trying to code with half your system offline—definitely not the smooth update investors hoped for. Mortgage rates might budge, but don’t expect a big reboot anytime soon.
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What the SigmaBy Grep News | Chad Stacks