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Cuts Rates By 25bp, Ends Rolloff As Of August..>

FOMC
FOMC: Cuts Rates By 25bp, Ends Rolloff As Of August 1
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- The Fed cuts 25bp as expected and ended the rolloff two months early
- George and Rosengren dissented
- Said uncertainties remain rather than "have increased"
- Still sees econ expansion, infl at 2%, strong labor most likely 
outcomes 
- Only minor tweaks to econ language

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