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Fed Should Cut Rates by 50 Basis Points Now, Barclays' Gapen Says

Jun.19 -- Michael Gapen, Barclays chief U.S. economist, reacts to the Federal Reserve's policy-setting Federal Open Market Committee leaving their key rate unchanged and indicating a readiness to cut rates for the first time in more than a decade. He speaks with Bloomberg's Scarlet Fu and Tom Keene on "Bloomberg Markets."



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