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The Fed cut for the first time since 2020 by 50bps, though some still believed it was only going to cut by 25bps. For the bond market, it isn't all about price stability, but now also full employment. So, what is next for the Fed and the economy?
By UBS StudiosThe Fed cut for the first time since 2020 by 50bps, though some still believed it was only going to cut by 25bps. For the bond market, it isn't all about price stability, but now also full employment. So, what is next for the Fed and the economy?