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After lowering interest rates twice in 2019, investors across all asset classes are awaiting the FOMC rate decision when it wraps up its two-day meeting on Wednesday.What we learned from the September meeting is that monetary policymakers are very divided. According to the dot plot, five members agreed to the 25-basis point rate cut but wanted to stop easing. Seven members agreed to the cut and were asking for another one in 2019. And another group of five opposed the decision to lower interest rates.Despite all these conflicting viewpoints, market participants seem convinced that... Read More
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