The Federal Reserve reduced interest rates by 25 basis points last week and announced plans to conclude its balance sheet reduction in December. Meanwhile, the European Central Bank and the Bank of Japan have maintained their current interest rates. This week, market participants are closely watching the U.S. non-farm payroll report and the Bank of England's interest rate decision for further economic insights.
Fed Cuts Rates by 25 Basis Points, Ends Balance Sheet Reduction in December
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