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Thread: The day for bear market is coming?
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[quote=JIMMYB,259409]Yes, Paul. The dollar depreciation is not good for other nations in the world. However, US can gain some benefits from it. That is why US bears the depreciation of dollar. In earlier times, some economists said that interest cuts could escalate dollar depreciation. However, US still takes measures to cut the interest rate. On Tuesday, the Fed announced that it would cut the interest rates 25 base points to 4.25%.It is the third time that US has cut its interest rates.[/quote]
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