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Dow loses 1100 points after Fed projects fewer rate cuts

  • The federal reserve's projections indicate fewer rate cuts in the near future, which has caused market concerns.
  • Investors reacted negatively to the federal reserve's outlook, resulting in a significant decline in the dow.
  • The dow lost 1100 points as a direct response to the federal reserve's guidance.
  • Overall market volatility increased due to fears of slowing economic growth following the federal reserve's announcements.
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  • 61% of the sources are Center
61% Center
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