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US rate cut near certain on Thursday (Aust time). The question is "by how much?"


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There'll be massive attention on the US Federal Reserve later this week and the near-certainty of an interest rate cut.
The big question is whether this will be a 0.25 percent point cut, or a supersized 0.5 percent point reduction given rising fears about a recession in the US by the end of the year.
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Peter Ryan_ABC News SoundcloudBy Peter Ryan