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The Fed surprised financial markets by another federal funds rate cut
When you face a bigger gun, you’d better go where the attacker demands. However, the shot may not be accurate. Besides, a more powerful gun means that the opponent is afraid. The federal funds rate cut by 1% to 0.25 at the FOMC emergency meeting should have directed the financial markets in the right way.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/dollar-chose-the-gun/?uid=285861726&cid=58534