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Fed’s Rate Cut: Ripple effects across commodities, currencies, and global markets
The U.S. Federal Reserve's recent interest rate cut, signaling further easing due to labor market concerns, has triggered a global monetary policy shift. The dollar is weakening, boosting the euro, yen, and pound. Gold and silver prices have surged to record highs, while base metals show mixed trends. Crude oil prices remain steady amid oversupply concerns.
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