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Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition:

Felix shares his takeaways from yesterday’s Fed cut, and the FOMC’s future economic/rate projections.
A former president walks into a bar and buys burgers…with bitcoin. Big deal, or no?
What analysts and execs are saying about the latest 50bps rate cut, and a look at what to watch for next.

Digging deeper into yesterday’s FOMC meeting

And so concludes the most…

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