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Financial Friday: Fed Lowers Rates & Rates Increase
FF: Fed lowers Rates & Rates Increase
Even though the FOMC lowered overnight rates by ¼%, or 25 basis points, the 10yr Treasury keeps going up. This makes many mortgage rates increase. Gold jumped, but then decreased with a decrease in world tensions & BTC broke $90,000 for the 1st time in history!
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