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State Street Analyst Highlights Fed's Internal Debate on 3% Target Rate

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interest rate news from State Street shows the Fed is split on hitting a 3% long-term rate. Marvin Loh noted the recent cut was seen as hawkish due to unchanged forecasts. The updated SEP raised GDP estimates. The use of "extent" hints some FOMC members doubt the need to reach the 3% target. on-chain news remains key for tracking market reactions.
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