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Which of the following was a key takeaway from Wednesday's Federal Reserve statements?   Group of answer choic...

Which of the following was a key takeaway from Wednesday's Federal Reserve statements?  

Group of answer choices

The Fed cut the Fed Funds rate by 25bps for the third time in 2019

The Fed raised the Fed Funds rate by 25 bps due to strong economic growth in the U.S., full employment, rising wages, and a strong stock market.

The Fed had a dovish statement, but held the Fed Funds rate unchanged

The Fed Cut rates for the first time in three years

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Answer #1

The Fed cut the Fed Funds rate by 25bps for the third time in 2019

This statement is correct as Fed cut the interest rates for the third time this year.

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