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By Chris Dorrell The FTSE 100 is set for a boost after the US Federal Reserve waved through a 50 basis point rate cut after market close last night. The cut was the first since 2020 and suggested that rate-setters were anxious about keeping the world’s largest economy on track for a soft landing. Traders had been concerned that the Fed had waited too long to cut interest rates, causing unnecessary damage to the US economy. However, forecasts released alongside the rate decision—the so-called ‘dot-plot’ charts—showed the labour market was expected to remain relatively solid even while inflation…

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