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Citadel CEO Expects One More Fed Rate Cut This Year

The investment firm’s chief anticipates the U.S. Federal Reserve will implement a single additional interest rate reduction before year-end.

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Terms & Concepts
  • Interest Rate Cut: A monetary policy action by a central bank to lower the benchmark interest rate, aimed at stimulating economic activity.
  • Federal Reserve: The central banking system of the United States, responsible for setting monetary policy including interest rates.