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‘Once you go big, there’s no going back’: Wall Street reacts

Timothy MooreBefore the Bell editor
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The US central bank cut its key rate by 50 basis points, meeting the expectations of markets. Here’s how a range of strategists and economists interpreted the decision.

Wall Street has reacted to the aggressive half-point cut. AP

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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
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    Original URL: https://www.afr.com/markets/equity-markets/relief-a-rally-and-then-a-retreat-wall-street-reacts-20240919-p5kbq0