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Why US rate-cut pause is a positive sign for instos

Jaycee Man
The hiatus in US central bank policy has soothed investor concerns and helped to lift sentiment, which is just as well given experts doubt the effectiveness of more cuts anyway.
Why US rate-cut pause is a positive sign for instos

Having sailed through a large part of the year under a cloud of heightened economic uncertainty, investors can now take some comfort from the signals given out by the Federal Reserve that the US economic expansion remains intact.

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