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TechFlow, Sept. 17 — According to Jinshi Data, White House trade advisor Navarro said the Fed should cut interest rates by 50 basis points today and another 50 basis points at the next meeting. Fed rates are at least 100 basis points higher than normal levels.
Another 50 basis points cut at the next meeting. The Fed's interest rate is at least 100 basis points higher than the neutral level.
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