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News Explorer — Bitcoin Hater Elizabeth Warren Wants a Big Fed Rate Cut

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Sep 16, 5:51 pm
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Bitcoin Hater Elizabeth Warren Wants a Big Fed Rate Cut

Senator Elizabeth Warren, along with Senators John Hickenlooper and Sheldon Whitehouse, is urging the Federal Reserve to lower interest rates by 75 basis points. They argue that higher borrowing costs have posed a long-standing threat to the U.S. economy. Traders anticipate a rate cut of 0.25% or 0.5% from the central bank this week.

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